BlockBeats News, on May 13, a global fund manager survey released by Bank of America on Tuesday shows that in May, global fund managers' bearish sentiment towards the US dollar reached its highest level since 2006, reflecting that President Trump's chaotic trade policies have weakened investors' interest in US assets. Bank of America stated: "Investor sentiment is low ahead of the Geneva meeting, especially with a pessimistic attitude towards US assets. Although the May survey shows a slight improvement in market sentiment compared to April, it remains very negative, indicating that 'painful trades' may increase slightly." The report shows that fund managers reduced their cash holdings from 4.8% to 4.5%, which is usually seen as a sign of increased confidence. However, their reduction in US dollar holdings has reached the highest level since May 2006. Bank of America pointed out that 75% of the data in this survey was collected before the Geneva talks. (Jin Shi)