Investment Manager Survey. A survey of 131 investment managers in Barron's Big Money poll revealed the following:
$\bullet$ Forty-three percent of managers classified themselves as bullish or very bullish on the stock market.
$\bullet$ The average expected return over the next 12 months for equities was $11.2 \%$ $\bullet$ Twenty-one percent selected health care as the sector most likely to lead the market in the next 12 months.
$\bullet$When asked to estimate how long it would take for technology and telecom stocks to resume sustainable growth, the managers' average response was 2.5 years.