Fund managers on where we are in the economic cycle

Graph of this issue: https://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

$SPX Monthly Change at 2009 levels! h/t Reuters #Eikon pic.twitter.com/c1RZB6xPYZ

— Alastair (@StockBoardAsset) October 30, 2018

See my latest on Forbes – "Is A Long-Term Top Forming In The Stock Market?": https://t.co/dI7cW3k4hf $SPY $QQQ pic.twitter.com/7d1812Xbtk

— Jesse Colombo (@TheBubbleBubble) October 30, 2018

Starting the day in a whimper not a bang – Korea IP down most since 2009 & Japan IP down. Australia's trimmed mean CPI is OK but weighted median weaker than expected & #China manufacturing PMI slowed to 50.2 from 50.8 for October. Growth engine losing steam.

Policy response? pic.twitter.com/DCM3UWy1za

— Trinh (@Trinhnomics) October 31, 2018

h/t gorillaz0e