U.S. Markets close in 2 hrs 57 mins

MARKETS: Global fund managers are the most bearish since the Great Financial Crisis

From the YFi Interactive touch screen, Yahoo Finance's Jared Blikre joins Alexis Christoforous to break down the latest Bank of America Merrill Lynch Global Fund Manager Survey showing a flight into bonds and cash, and the biggest underweight in equities since March, 2009. “FMS investors have not been this bearish since the Global Financial Crisis, with pessimism driven by trade war and recession concerns,” said Michael Hartnett, chief investment strategist.