美銀基金經理調查指投資者情緒升至2月以來最樂觀水平
美銀最新全球基金經理調查顯示,7月份投資者情緒飆升至2月以來最樂觀水平,受惠於5年來最大的利潤樂觀情緒增長以及風險偏好創紀錄的激增。7月份現金水平降至3.9%,觸發該行策略師的內部「沽售」信號。
美銀指出,市場情緒正變得「過熱」,但基金經理在股票上超配倉位尚未達極端水平,債市波動性仍然較低。該行認爲投資者或可能維持「夏季對衝和板塊輪動」策略,而非進行大規模沽空或大幅撤退,因貪婪比恐懼更難逆轉。
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