CAPTRUST Director of Investments Christian Ledoux and ERShares COO Eva Ados join Yahoo Finance Live to talk about the market outlook amid sell-offs, retail stocks, how the Fed is viewing future interest rate hikes, and rises in energy and food prices.
An earnings bust from Cisco and higher-than-expected jobless claims helped nudge the S&P 500 toward the bear-market cliff.
The best news for investors that I’ve heard in a long time is that the M.B.A. geniuses who manage the world’s pension funds now hate the stock market with a vengeance. According to the latest comprehensive survey by BofA Securities, global investment managers are now at historic, generational levels of bearishness and gloom. Bank of America surveyed around 300 money managers around the world handling about $900 billion in assets.