Bank of America Says Investors Dangerously Low on Cash, Triggering Ominous Signal for Markets: Report – The Daily Hodl
Bank of America is flagging rising risks on Wall Street as investor cash levels fall to record lows. BofA’s December Global Fund Manager Survey shows global investors holding just 3.3% of their portfolios in cash, the lowest level ever recorded, reports Barron’s. The survey also finds allocations to stocks and commodities at their highest levels...
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