Investors reduced allocations to stocks, moved to cash in August, BofA survey shows

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 27 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

Bofa Noticias

Survey Respondents,Overweight Position,Allocations

Investors' increased their allocations to cash and reduced their an overweight position in stocks in August, as expectations for global growth dropped to its...

A logo of the Bank of America is seen on an office building at the Gujarat International Finance Tec-City at Gandhinagar

BofA attributed the shift to weak U.S. payrolls data for July, and the volatility shock associated with the rebound in the yen.A net 47% of survey respondents expect a weaker global economy in the next 12 months, down 20 percentage points from July.Eyes will now turn to the consumer price inflation data on Wednesday in the UK and US — a key metric central banks look to in deciding the interest rate path.

Trump-Musk interview live: Trump bizarrely likens Harris to wife Melania in rambling, tech-plagued X interview

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares