📈 Bank of America: currently 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 lower taxes and ease regulations, and the Federal Reserve will reduce interest rates.
➡ Investment in U.S. stocks is at a record high level;
➡ The amount of cash in fund managers' portfolios is at a record low level;
➡ 60% of respondents do not expect a global recession in the next year and a half.
#