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Investor sentiment saw its largest jump in nearly four years during October amid resilient economic data and the start of interest rate cuts from the Federal Reserve.
In Bank of America's October Global Fund Manager Survey, investor sentiment rose to a reading of 5.6 from 3.8, marking its largest one-month increase since June 2020. The broad measure of sentiment takes into account investors' allocations to cash and equities as well as their economic growth expectations.
Allocations to bonds an...
>>> Read more: Investor sentiment sees biggest jump since June 2020 â but offers a sign of caution
In Bank of America's October Global Fund Manager Survey, investor sentiment rose to a reading of 5.6 from 3.8, marking its largest one-month increase since June 2020. The broad measure of sentiment takes into account investors' allocations to cash and equities as well as their economic growth expectations.
Allocations to bonds an...
>>> Read more: Investor sentiment sees biggest jump since June 2020 â but offers a sign of caution
