A Record Number Of Investors Are Exposed To “Higher Than Normal Risk"

With the stock market coming into November with another strong gain for the S&P 500 – the market was up for the statistically improbable 12th month in a row in October – investors are becoming aware of the increased risk exposure. According to a Bank of America Merrill Lynch Global Fund Manager Survey released Tuesday, a record number of investors are exposed to “higher than normal risk.” [klarman] Nearly half of all stocks overvalued as central bank “tail risk” on top of investor minds When looking at the recent string of consistent investment gains, Bloomberg’s Victor Haghani and James White…