Investor optimism sees biggest jump since June 2020, survey shows
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Global investor optimism increased significantly in October 2024, marking the largest rise since June 2020, driven by Federal Reserve rate cuts, Chinese stimulus pledges, and expectations of a soft landing for the U.S. economy; Cash allocations fell to 3.9% from 4.2% in September, while equity allocations rose to a net 31% overweight; Bond allocations dropped to a net 15% underweight; The sentiment measure rose from 3.8 to 5.6; 47% of investors believe the upcoming U.S. election will impact trade policy; The survey was conducted from October 4 to October 10, 2024, with 231 participants managing $574 billion in assets.
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https://www.nst.com.my/business/corporate/2024/10/1120093/investor-optimism-sees-biggest-jump-june-2020-survey-shows