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Tag: allocation

2024-12-19

Investors so confident in stocks, they have record low cash allocation

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Business

The Wall Street bull statue is pictured in Manhattan, New York. Carlo Allegri | Reuters A closely watched survey of global fund managers registered its lowest cash allocation on record this month, underscoring a bullishness on stocks as the equity market nears the end of a strong year. The average cash allocation level of participants in Bank of America’s…

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