Fund managers on where we are in the economic cycle

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Graph of this issue: pbs.twimg.com/media/DqmUt2YX4AApk7W.jpg

According to @MerrillLynch Fund Manager Survey, a record 85% of respondents think that the global economy is at a late cycle. The reading is 11% higher than the December 2007 peak. $SPY $EFA $EEM

 

h/t gorillaz0e

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