Everyone is long commodities. Gong!

Gong! Everyone is long commodities. Meaning that they will be the last thing to break as the Fed flushes the system of excess but break they will. BofA Global Fundie Survey tells the tale.

Bottomline: TheUS stock market officially enters a bear market*as the June BofAFund Manager Survey (FMS) signals deeper investor misery;

There are 1170 words left in this subscriber-only article.

Get your first month for $1

Comments are hidden for Membership Subscribers only.