Investors riddled with FOMO might be re-entering the US stock market

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Investors who missed out on this year’s unexpected rally seem to be dipping their toes back into the US stock market.

Global fund managers increased their exposure to US stocks this month by a record amount, according to Bank of America survey data going back to 1999. September also marked the first month global fund managers have had an outsized allocation in US equities since last August. That suggests that investors who watched equities steadily climb higher this year are starting to take their cash off the sidelines and put it into the stock market, some investors say.

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