Bank of America Survey: Investor Sentiment ‘Super Optimistic’ in December
On 18 December, Bank of America's December Global Fund Manager Survey found that investor sentiment was ‘super optimistic’ in December. The report said investors' allocations to cash were at an all-time low, while allocations to US equities were at an all-time high.
Global risk appetite is at a three-year high, the report said, driven by economic growth optimism related to Trump's second term in office and the Federal Reserve's interest rate cuts.
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