Amid Euphoria In US, European Equity Managers Still Very Cautious

While US investors seem to be bullish on the outlook for equities, it seems European equity managers are more cautious on the outlook for stocks in the year ahead.

Earlier this week, Bank of America issued its weekly client flow trends report, which showed that private clients purchased a net $1.3 billion of stocks last week with ETF net buys surging to the highest level since January and hitting the third highest . . .


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