According to BlockBeats, a recent global fund manager survey conducted by Bank of America in December reveals a significant surge in investor optimism. The report highlights that investor sentiment is at a 'super optimistic' level this month. Notably, the allocation to cash has reached a historic low, while the allocation to U.S. equities has climbed to an all-time high.
The survey attributes this heightened optimism to expectations of economic growth driven by factors such as the potential for a second term for former President Trump and anticipated interest rate cuts by the Federal Reserve. These elements have collectively pushed global risk appetite to its highest point in three years. The findings suggest a strong confidence among investors in the economic outlook, reflecting a shift in investment strategies towards more aggressive asset allocations.
Clement