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Growth expectations have plummeted as global fund managers pour out of U.S. equities and pile in to cash like Warren Buffett

By Yahoo! Finance   |   4 days ago
Growth expectations have plummeted as global fund managers pour out of U.S. equities and pile in to cash like Warren Buffett

BofA analysts note a "bull crash" in fund manager sentiment on American stocks, despite this, the correction is seen as positive for the market. Concerns over global growth and trade wars have impacted investor optimism, emphasizing the importance of market sentiment on S&P 500 performance.

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