Goldman Sachs President John Waldron said recent lightening up of U.S. dollar assets by investors had shown them returning to more neutral positions.
Despite sharply deteriorating economic sentiment, Bank of America believes equity markets could deliver a 17% return over the next 12 months.
Global asset managers held biggest underweight position in dollar in 19 years as Trump's chaotic trade policy cut investor appetite for U.S. assets.
Wealth advisors tracking macroeconomic risks may recalibrate near-term recession expectations. Betting markets lowering probability of a US downturn.
Sentiment toward the US stock market is improving but it’s too early for investors to sound the all-clear, according to Morgan Stanley strategists.
Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials.
U.S. bond giant PIMCO told the Financial Times that recession risks are at their highest in years and warned investors.
