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Commodity fears and China trouble fund managers

Posted on 16 May 2013

Even as stocks continue their mostly uninterrupted path to higher ground, fund managers are holding relatively big amounts of cash while worrying about China and a commodities crash.
The latest survey from Bank of America Merrill Lynch shows that the biggest fear is a hard landing for China’s slowing economy, and the effect it would have on the global commodity trade. Commodity allocations have fallen to a four-year low while cash allocations held steady at 4.3 percent, a surprise considering how much equities have rallied…………………………………….Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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