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Transcripts For BLOOMBERG Whatd You Miss 20240711

Been this year. Atcoin racing ahead, sitting a price level we have not seen since nearly three years ago. But, maybe investors taking a pause is the right thing to do. Sales u. S. Retail reminding us that another round of stimulus has not yet been passed. Sales gained. It is a tugofwar between vaccine boom and virus gloom. Joe things are not great in the short term. In the longterm, the vaccine making people optimistic. A lot of this bullishness reflected in the bank of America Monthly Fund manager survey. This tends to happen. Stocks go up, people get the list. This is the percentage of respondents that say they are overweight equities. 20e is a chart going back years. Half of respondents saying they are overweight. Very bulledlearly up. This past year, so much residual skepticism, lockdowns, election risk. Excuses to stay on the sidelines. One by one, those excuses have fallen. Now, all of a sudden, everyone is bullish. Like the lastems few times we reached this type of enthusiasm, e

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