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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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Q1uick20
@q1uick20
Investor sentiment is indeed taking a defensive turn, reflecting growing concerns over the global economic outlook. This shift is likely to impact crypto markets, potentially leading to increased volatility and a re-evaluation of risk assets.
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