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BofA Survey: Fund Managers' Cash Holdings Rise to 3.9%, Bull & Bear Indicator Hits 9.5, Both Signal "Sell"
Bank of America's September Global Fund Manager Survey shows cash allocation rising from 3.5% to 3.9%, and the Bull & Bear Indicator reaching 9.5, both signaling a "sell" zone. Concurrently, BofA's FMS Composite Sentiment Indicator dropped from 8.0 in August to 7.0, its lowest in nearly three months.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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