Record Number Of Fund Managers Say “Stocks Are Overvalued” As They Rush To Buy Nasdaq

Another month, another paradox emerges in the latest Bank of America Fund Managers Survey, which on one hand reveals that a record number, or 46%, of Wall Street respondents say stocks are “overvalued”…
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… even as the number of investors expecting a “Goldilocks” economic scenario of above-trend growth and below-trend inflation, hit a record high 42%…

This post was published at Zero Hedge on Aug 15, 2017.