Investors are bullish on global stocks and short on everything else, with their cash levels at the lowest since 2010, according to a Bank of America (BAC) survey of fund managers. That said, 89% said US equities are overvalued.
Investors are bullish on global stocks and short on everything else, with their cash levels at the lowest since 2010, according to a Bank of America (BAC) survey of fund managers. That said, 89% said US equities are overvalued.Read more…