The sentiment is heading towards a decision on the Federal Reserve. Investors are the most bullish since February, according to the latest Global Fund Manager survey released by Bank of America Securities on Tuesday. The Wall Street company said the survey’s widest sentiment measurements (calculated based on a mix of growth expectations, cash levels and stock allocations) rose from 4.5 to 5.4. That confidence comes just before the Fed’s September 16-17 meeting. At this meeting, outside of a big surprise, the Bulls may get even better news for their case. Central banks are widely expected to cut interest rates by a quarter-point for the first time in 2025, and could cut by half. Investors also hope that the Fed will actively cut fees in the future. According to the CME FedWatch tool, the market was its last priced by March with a cut of around four quarters. Finally, by the end of 2026, six cuts had been priced, data shows. .spx ytd mountain spx part of its forecast comes from the Fed’s composition, which hopes investors will move forward. On Monday, the Senate confirmed President Donald Trump’s Pick, Stephen Milan, as governor. Meanwhile, Trump’s legal battle with Lisa Cook continues. But even more importantly, investors hope that the recent weak economic data rafts showing increased cracks in the labour market mean that the Fed must begin cutting back to support growth. He also hopes that Trump’s spending bill will stimulate the economy. A BOFA Fund Manager Survey shows growth expectations date back to October 2024, showing that 67% of survey respondents expect soft landings in the economy. Cash levels are 3.9% lower. Investors are the most overweight global stocks in seven months. That optimism has led stocks to hit highs. The S&P 500 was closed above 6,600 for the first time on Monday. But concerns remain. The Fed usually embarks on an aggressive easing cycle when the economy falls into a recession. This is the result of some market observers warning investors to be aware of what they want. Inflation remains sticky, but not to an astonishing level. In addition, the labor market shows signs of slowing down. But the market can now put those concerns aside. The S&P 500 expanded to a fresh daytime record on Tuesday, and then fell slightly. (Learn the best 2026 strategies from within NYSE with Josh Brown and others on CNBC Pro Live. Tickets and info here.)
