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BAML: Investor growth optimism has jumped the most in 20 years, spurring a rush into equities to calm ‘FOMO’

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  • Global growth optimism jumped the most in 20 years to an 18-month high in the November Global Fund Manager Survey from Bank of America Merrill Lynch.
  • Now, investors are piling back into equities and out of safer assets like bonds and cash to capture new market highs, according to the survey.
  • Fifty-two percent of fund managers surveyed said that equities will be the best-performing asset class in 2020, followed by commodities and cash.
  • on Business Insider.

A recent wave of optimism has investors piling back into the stock market for fear of missing out on new highs, according to Bank of read more >>>

Source:: BusinessInsider.Com