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

📆 8/13/2024 8:06 AM
📰 YahooFinanceCA

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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

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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...
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