Asset managers with a total of $420 billion were surveyed (171 participants).
Investor optimism is driven by expectations regarding U.S. economic growth: Donald Trump will cut taxes and ease regulations, while the Fed will lower interest rates.
➡ Investments in U.S. stocks are at an all-time high;
➡ The amount of cash in fund managers' portfolios is at an all-time low;
➡ 60% of respondents do not expect a global recession in the next year and a half.