Why all of this bearishness could actually be great news

Why all of this bearishness could actually be great news
·4 min read

The best news for investors that I’ve heard in a long time is that the M.B.A. geniuses who manage the world’s pension funds now hate the stock market with a vengeance. According to the latest comprehensive survey by BofA Securities, global investment managers are now at historic, generational levels of bearishness and gloom. Bank of America surveyed around 300 money managers around the world handling about $900 billion in assets.