(Bloomberg) -- Investors turned the most bearish on
bank and insurance stocks in more than a year this month as
expectations for higher interest rates reached an 11-month high,
a Merrill Lynch & Co. survey showed.
Money managers' preference for energy and industrial stocks
jumped as optimism for global economic growth touched the
highest since December 2005, according to 201 respondents who
together manage $689 billion.
Read more at Bloomberg Stocks News
bank and insurance stocks in more than a year this month as
expectations for higher interest rates reached an 11-month high,
a Merrill Lynch & Co. survey showed.
Money managers' preference for energy and industrial stocks
jumped as optimism for global economic growth touched the
highest since December 2005, according to 201 respondents who
together manage $689 billion.
Read more at Bloomberg Stocks News
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