Reported 2 months ago
Investors have sharply reduced their equity exposure to the lowest levels since the Covid pandemic, following a week of market volatility, according to Deutsche Bank data. Allocations to stocks have fallen to the 31st percentile, down from the 97th percentile three weeks ago, reflecting concerns about a potential US recession and slowing corporate earnings growth. While there are expectations for slight increases in S&P 500 profits in the coming quarters, market volatility remains high, causing systematic funds to reassess their positions.
Source: YAHOO