Wall Street and Main Street Split on Economic Future

Wall Street and Main Street Are Split in Their Views of America’s Future, And Its Assets.

Last Month, the Largest Number of Global Fund Managers on Record Said They Plan to Decrease Their Holdings of U.S. Stocks.

That's According to a Bank of America Survey.

Yet Retail Investors Are Giving Stocks a Big Lift. Those Who Are Investing Their Own Money Have Steadily Scooped Up U.S. Stocks This Year, Including Taking Advantage of the Steep Market Downturn in Early April, Buying While Stocks Were Relatively Cheap.

Whether Small-Scale Investors or Deep-Pocketed Institutions Come Out on Top is Still in Doubt.

As Policy Whiplash From the White House and a Global Trade War Realigns the World Financial Order.