Fund managers are bullish. Bank of America warns of trouble ahead if the Fed doesn’t cut.

Optimistic 35.5
Bank of America’s fund management survey for November highlights clear and present danger: investors are the most overweight stocks they’ve been since February, portfolio cash levels of just 3.7% are generating a technical sell signal and that “positioning is a headwind, not tailwind for risk assets.”
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.