Walter BloombergFinance

NO “BIG TOP” YET IN RISK ASSETS, BOFA SAYS Investor sentiment is near peak levels but not yet at a major market top, BofA’s survey shows. I…

NO “BIG TOP” YET IN RISK ASSETS, BOFA SAYS Investor sentiment is near peak levels but not yet at a major market top, BofA’s survey shows. Its Bull & Bear Indicator hit 8.9, a technical sell signal, though cash rose slightly to 4.1%. Fund managers trimmed equity and tech exposure, stayed cautious on Europe, and added Japan and banks. Inflation and AI bubble risks dominate concerns, while bonds, Europe and consumer stocks are seen as contrarian opportunities.
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