FILE PHOTO: Traders wearing masks work, on the first day of in-person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. REUTERS/Brendan McDermid
BENGALURU (Reuters) - Funds recommended the lowest equity exposure this year in May, citing risks from the expected pull-and-push between reflation trades and dovish central banks, but most respondents in Reuters polls said a near-term correction in stock markets was unlikely.
While global shares have see-sawed in May, with technology-related stocks taking a hit, the MSCI world equity index breached an all-time high and European bourses were near record highs, helped by policymakers allaying inflation concerns.
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