Jun 17 2020
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S&P 500 vs. FMS Cash Balance
The BofA Fund Manager Survey cash balance collapses from 5.7% to 4.7%. This is the biggest monthly drop since August 2009, led by institutional not retail investors.
Image: BofA Global FMS
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The BofA Fund Manager Survey cash balance collapses from 5.7% to 4.7%. This is the biggest monthly drop since August 2009, led by institutional not retail investors.
Image: BofA Global FMS