US investors remain pessimistic as focus tightens on Federal Reserve

The S&P Global Investment Manager index, released today (14 June), found that while risk appetite and expected equity returns remain low, they have both slightly improved from their low points in March and April, following the Russian invasion of Ukraine. The survey found that central bank policy, the political environment and macro-economic environment were the most negative factors, while the only pillar of support for the market was shareholder returns.  "Both the US and global macroeconomic environments are viewed as exerting increased downward forces in equities, to degrees not s...