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Investors' uber bullish sentiment for US stocks came to a screeching halt over the past month.
Bank of America's latest Global Fund Manager Survey of 171 participants conducted in March showed the biggest monthly drop in investor's allocation to US equities on record, with the allocation falling 40% month-over-month. As recently as December, investors allocation to US stocks had been at an all-time high.
A team of Bank of America strategists led by Michael Hartnett described the move in the Ma...
>>> Read more: Investors ditch US stocks in 'bull crash': Bank of America
Bank of America's latest Global Fund Manager Survey of 171 participants conducted in March showed the biggest monthly drop in investor's allocation to US equities on record, with the allocation falling 40% month-over-month. As recently as December, investors allocation to US stocks had been at an all-time high.
A team of Bank of America strategists led by Michael Hartnett described the move in the Ma...
>>> Read more: Investors ditch US stocks in 'bull crash': Bank of America
