Fund managers scream capitulation as cash piles jump to dot-com crash levels - BofA

Oct. 18, 2022 12:14 PM ETSPDR S&P 500 Trust ETF (SPY), IWBQQQ, DIA, ES, XLU, LQD, IWM, VGK, XLP, EZU, E, USO, FXB, UUP, HYG, JNK, BNO, ECLN, ESG, ESGG, ESGU, USIG, SP500, USDOLLARBy: Kim Khan, SA News Editor179 Comments

The white flag against the gray sky.

photographer/iStock via Getty Images

The market sentiment washout is nigh, according to the latest BofA Securities survey, but a bottom will likely require a shift in Fed feelings.

The October Fund Manager Survey "screams macro capitulation, investor capitulation, start of policy capitulation," strategist

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