Bank of America Merrill Lynch’s latest Global Fund Manager Survey results show that investors see more central bank “helicopter money” coming, more so than they thought last month.
Fund managers expect a 39% chance of more stimulus from central banks, up from the 27% in June, the survey showed.
THE FED
“Since the beginning of the financial market turmoil in August 2007, the Federal Reserve's balance sheet has grown in size and has changed in composition. Total assets of the Federal Reserve have increased significantly from $869 billion on August 8, 2007, to well over $2 trillion,” as stated on the Federal Reserve’s website.
source: www.federalreserve.gov
THE ECB
Do you think more helicopter money is coming?
In other news, the BoA survey also shows that cash levels are at 5.8%, its highest levels since November 2001, CNBC reported.
"In addition to putting money under the mattress, investors also are looking for protection, with equity hedging at its highest level in the survey's history," CNBC wrote.
Image credit: ZeroHedge
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