#BTCOutlook 📈 Bank of America: currently at a record high level of "bullish sentiment"
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, and the Fed will lower interest rates.
➡ Investments in American stocks – record high level;
➡ The amount of cash in fund managers' portfolios – record low level;
➡ 60% of respondents do not expect a global recession in the next year and a half.
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