Investors are all in on stocks: Bank of America survey shows record low cash level
The share of portfolios in cash fell to a record low 3.3% in December, according to the bank's Global Fund Manager survey.
TL;DR
- Investor allocation to cash has fallen to a record low of 3.3% in December.
- Allocation to stocks and commodities has reached its highest level in nearly four years.
- Equity allocation is at its highest level since December 2024.
- Despite recent struggles, fund managers are increasing exposure to technology stocks.
- The Nasdaq Composite has slipped in December, impacting the broader market.
- The S&P 500 is on track to potentially end a seven-month winning streak.