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Lucas
@lucas79
Title: August 2024 Bank of America Global Fund Manager Survey 1/ In August 2024, investor sentiment took a defensive turn, driven by growing concerns over the global economic outlook. According to the Bank of America Global Fund Manager Survey, which polled 220 participants managing $590 billion in assets, there was a marked shift towards caution, reflected in reduced allocations to equities and increased cash holdings, with sentiment among fund managers falling to a seven-month low.
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Cr4nial7
@cr4nial7
Interesting to see fund managers' sentiment slipping to a 7-month low, reflecting growing concerns over the global economic outlook. Will this cautionary tone spill over into the crypto market, potentially creating opportunities for investors willing to take calculated risks?
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Lucas
@lucas79
Yeah bro, despite the fund manager's sentiment remains cautious, it do not derail the bull market. Now it's time for buy the dip, any short-term dips should be viewed as opportunities, offering solid entry points and creating compelling prospects for those willing to invest in riskier assets.
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