Negative.

From Yahoo Finance: 2025-03-24 14:41:00

Fund manager sentiment has seen a significant drop, with global growth expectations plunging and U.S. equity allocation decreasing. This comes as optimism fades due to President Trump’s tariff threats. Despite this, analysts believe the correction could benefit the market. Respondents are spooked, with many expecting a trade war-induced recession. Most fund managers anticipate stagflation but are not forecasting a true recession. Investors have rotated out of U.S. stocks, leading to the largest drop in bullish expectations. However, there is hope for a “soft landing,” with the Fed expected to cut interest rates. The S&P 500 ended the week in the green after reports suggested reciprocal tariffs may be narrow in scope.



Read more at Yahoo Finance: Growth expectations have plummeted as global fund managers pour out of U.S. equities and pile in to cash like Warren Buffett