Episode Details

Bank of America’s latest survey showed that fund managers are losing faith in US stocks at a record pace, while LVMH reported worse-than-expected sales for last quarter – but at least the luxury group can drown its sorrows with cases of unsold champagne.

Today’s stories:

• Global Fund Managers Are Scrubbing Away Their Faith In US Stocks
• LVMH’s Sales Shrank, Showing That Even Louis Vuitton Isn’t Immune To Tariffs

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