BofA Survey: Investors Bring Meaning to the Market with Low Cash

Bank of America (BofA) has published its latest Fund Manager Survey, showing that investor cash allocation has fallen to a record low of 3.3%. The same report also reveals that margins for stocks and commodities have reached their highest level since the beginning of 2022.

Market sentiment has peaked due to expectations of a soft landing and rising profit forecasts, reaching its highest point since mid-2021. However, while the decline in traditional markets suggests further losses in cryptocurrencies, it is also noted that this could be a bullish signal.

These developments represent a significant turning point for investors. In particular, the low cash ratio and increasing shift towards stocks and commodities should be closely monitored in terms of how market dynamics will be shaped.