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

📆 13/08/2024 09:06:00
📰 YahooFinanceCA

⏱ Reading Time:
37 sec. here
5 min. at publisher
📊 Quality Score:
News: 28%
Publisher: 63%

Bofa News

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

According to the survey, 31% of respondents said they were overweight stocks in August, down from 51% in July, while their average cash level was 4.3% of their assets under management, up from 4.1% a month before. Black and racialized workers in Canada are less likely to be represented by a union, according to a new report.For friends of Rebecca Godfrey, the writer's final novel is more than a posthumous stamp on a career cut short — it's another piece of her to savour now that she's gone.Final chapter of 'Freedom Convoy' organizers' trial begins with closing arguments

Philips and Dutch Isala Hospital renew long-term partnership focused on innovation and affordable, sustainable healthcare

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investors reduced allocations to stocks, moved to cash in August, BofA survey showsInvestors' increased their allocations to cash and reduced their an overweight position in stocks in August, as expectations for global growth dropped to its...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »