• Expectations of a steeper yield curve and rising inflation hit all-time highs.
• Expectations for global growth rose to the third highest ever
• Record net 19% of investors said they’re currently taking on higher-than-normal risk levels
• Cash levels fell to an eight-year low.
• Allocations to stocks and commodities surged to a 10-year high
• Record overweight in EM (2/3 investors named EM as the top performer in 2021) and in small- vs large-cap stocks (41%), as well as a surge in exposure to materials, energy and banks, as sector allocation to tech was cut to lowest since December 2018
#stocktalk
• Expectations for global growth rose to the third highest ever
• Record net 19% of investors said they’re currently taking on higher-than-normal risk levels
• Cash levels fell to an eight-year low.
• Allocations to stocks and commodities surged to a 10-year high
• Record overweight in EM (2/3 investors named EM as the top performer in 2021) and in small- vs large-cap stocks (41%), as well as a surge in exposure to materials, energy and banks, as sector allocation to tech was cut to lowest since December 2018
#stocktalk