BofA Fund Manager Survey Finds Peak Bullishness as Cash Levels Dip and AI Bets Tighten
Bank of America’s July Global Fund Manager Survey shows investor sentiment shifting strongly positive, with cash allocations dropping to 3.6% of assets and bullish indicators triggering contrarian sell signals. Panelists raised overweight positions in U.S. equities and signaled rising confidence in a 'no landing' economic outcome and a 'boom' scena…