respondents: Disdain for Treasuries was another strong theme of the survey conducted on November 9 and one which has been borne out in subsequent days by the sell-off that brings the total of value wiped off bonds worldwide this week to 1 trillion, according to Bloomberg. A mere 2 percent of the 114 respondents recommended buying in. That may help explain why a similar portion of respondents said they were making no change to their cash holdings. The most popular post-election trade in the survey was buying the S&P 500, a preference 30 percent of investors subscribed to. 15 percent said they were selling risky assets, while 12 percent said buy gold. The poll also shows that investors are discounting fiscal stimulus not protectionism, as the note authors wrote, after 46 percent of the respondents said they expect Trump is most likely to proceed with corporate-tax repatriation and infrastructure spending plans during his first 100 days. Only 4 percent of respondents said the election result wont affect their plans.
(news.financializer.com). As
reported in the news.
Tagged under respondents, disdain topics.