Global fund managers are flocking to the stock market at a record pace:
According to a Bank of America survey of 175 participants (managing assets of $43.4 billion), the cash allocation of fund managers has dropped to 3.9%, the second-lowest level in 12 years.
This marks a decline for the third consecutive month since the 4.8% recorded in April.
Meanwhile, the risk level of investor portfolios has reached the highest level since 2001.
This occurs as fund managers' allocation to technology stocks sees the largest three-month increase since 2009.
Investors' 'bullish' sentiment is exceptionally strong. $BTC $ETH $SOL #CPI数据来袭 #山寨季何时到来? #比特币巨鲸动向