Is cash no longer king according to BofA fund manager survey?
Published 3 weeks ago• 1 minute read
According to Bank of America's latest global fund manager survey, cash levels have fallen to their lowest point since 2010 as traders shift their focus to equities (^DJI, ^IXIC, ^GSPC). In today's Chart of the Day, Yahoo Finance Reporter Alexandra Canal analyzes why cash may be losing its crown in the current market environment.
To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.
This post was written by Angel Smith
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