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Chip index’s climb is giving fund managers a fear of heights, Bank of America finds
Pessimistic
-34.8
−100 Bearish
0
+100 Bullish
Despite some warning signals from inflation and the direction of travel for Kevin Warsh, fund managers seem reluctant to reduce exposure but Michsael Hartnett expects some chips to be taken off the table over the quieter summer months ahead.
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Sentiment Signal
Pessimistic
-34.8
−100Neutral+100
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