BofA Poll Shows Investors Primed to Fuel Stock Rally With Cash
- US stocks seen as the biggest beneficiary of cash reallocation
- Survey shows investors remain most bullish since November 2021
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Global investors are likely to keep pumping money into record-hitting stock markets, according to a survey by Bank of America Corp.
Answering a question about the asset class that would benefit most from a reallocation of money-market funds, 32% of respondents opted for US stocks. Another 19% said the cash would go into global equities, while a quarter of the respondents indicated they would buy government bonds.