Global Investors Gravitating Towards Cash and out of….

commodities.

“Global investors have tempered their optimism about the U.S. and world economies and plan to put more of their money in cash and less in commodities over the next six months, a Bloomberg survey found.

Almost 1 in 3 of those questioned say they will hold more cash, while 30 percent intend to reduce investments in commodities, according to a quarterly Bloomberg Global Poll of 1,263 investors, analysts and traders who are Bloomberg subscribers. Both results were the highest since the survey began asking the question last June.

A plurality — 40 percent — expects oil prices to fall in the next six months, the first time respondents felt that way since the inception of this poll in July 2009.”

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