According to the latest BofA Global Fund Manager Survey (FMS), conducted from November 1st to 7th, investor sentiment has shifted significantly post-US election. Key findings include:

🟠 Global growth outlook jumped from -10% in October to 23%, and US growth expectations surged from -22% to 28%

🟠Expectations for higher global inflation rose from -44% to 10%, marking a shift for the first time since August 2021

🟠Probability of a "soft landing" decreased from 76% to 55%, while "no landing" expectations increased from 14% to 33%

🟠Investor cash holdings peaked at 4.3% pre-election, but declined to 4% post-election

🟠Overweight positions in US stocks rose from 10% to 29%, the highest since August 2013. Small caps and high yield bonds also saw increased allocations

🟠The US-China trade war, a dominant concern since 2011, may regain prominence in early 2025, depending on policy developments

These findings reflect bullish investor sentiment amid evolving market conditions.