Institutional Investors Most Bullish On Bank Stocks Since 2001

Institutional Investors buy bank stocks into rally

Bank of America Merrill Lynch’s weekly fund manager survey is a great sentiment indicator of institutional investors. This week’s survey, which was conducted during the period 2 December to 8 December, quizzed a total of 211 panelists with $568 billion of assets under management.

Throughout 2016, the survey revealed that institutional investors were cautious on global growth and at some points in the year had . . .

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