The latest Barron's survey of big money managers shows that they've turned optimistic on stocks for the 1st time since October 2018. Stocks have shown better forward returns when these managers were optimistic than when they were pessimistic.; For the first time in months, commercial hedgers turned negative on the dollar. They'd been net long for more than three months, the longest stretch in almost a decade. Other times when hedgers flipped from net long to short, the dollar struggled in the months ahead.

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