Reuters out a short while ago with the results of a latest poll 31 Oct
- 8 fund managers polled boosted their recommended equity allocations for next 3 months to 72.5% vs 68.1% as month ago
- recommended bond allocations +11.3% vs +7.5% prev month
- cash holdings cut to 16.3% vs 24.5% prev
- 7 fund managers see SCI around 3071 in 3 months
- suggested exposure to main sectors remained broadly steady with consumers declining for second month. Financial services rise
- US Fed rate hike in December widely expected, China facing increased pressures on capital outflow
As I mentioned last week in a post there is great expectation of a US Fed Dec hike from all around the world. Does that mean there is now greater cause for concern if they delay rather than deliver?
