Markets enjoy 'wave of optimism' as investors suffer FOMO
Latest BofAML survey
Over half of those surveyed (52%) see equities as the top performing asset class for 2020
A new survey by Bank of America Merrill Lynch (BofAML) has found an increased bullish sentiment as investors add exposure to equities and cyclicals.
The survey, which featured 230 panellists with $700bn AUM between them, found that "recession concerns [have] vanished" while exposure to global equities has reached its "highest level in one year"...
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