Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Investor confidence deteriorates in July: survey

Investor confidence deteriorates in July: survey (by Sara Sjolin)

LONDON (MarketWatch) -- Investor confidence continued to deteriorate in July, led by a sharp drop in expectations for corporate profit growth, the BofA Merrill Lynch Survey of Fund Managers showed on Tuesday. The bank's Growth Expectations Composite slumped to 37 in July, down from 43 in June and 54 in May, as 38% of investors feared corporate earnings will worsen in the next 12 months. In addition, concerns that the euro-zone crisis will spread to the region's core countries further increased in July, as survey respondents who see the risk of a negative shock to Germany's economy more than tripled to 32% from 10% in June. "Rising equity prices have failed to lift investor gloom and we still see a quarter of investors expecting a global recession while hopes for further policy easing have been delayed," said Michael Hartnett, chief global equity strategist at BofA Merrill Lynch Global Research.