Despite equity markets hitting new highs, long-term investors are getting increasingly cautious, explains Michael Metcalfe, head of macro strategy at State Street Global Markets.
State Street Global Markets has released the results of its State Street Institutional Investor Indicators, as announced on July 9.
According to the indicators, the State Street Risk Appetite index has fallen back to -0.09 in June, revealing a modest risk-off bias for the month.
