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Fund Manager Sentiment Hits Highest Since 2021, Bank of America Survey Finds
Debate about an AI bubble dominates chatter in the investment world. And yet, money managers have rarely felt this bullish, a new survey shows.
Optimism is at its highest since July 2021, according to Bank of America’s monthly survey of global fund managers. Back then, stocks were surging, with the financial system awash with cheap money intended to minimize collateral damage from the pandemic.
The bank’s broad sentiment measure is based on cash levels, stock allocations and global growth expectations. Other findings from the survey, run in early December:
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