Bank of America Survey: Fund Managers Say U.S. Stock Market Is Overvalued
According to a report by Jinse Finance, Bank of America's August global fund manager survey shows that a net 91% of respondents believe U.S. stock market valuations are too high, marking a record high. The survey also reveals that a net 49% of fund managers consider emerging market equities to be the most undervalued, the highest level since February 2024.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
3 Surprising Factors Behind Bitcoin’s Brutal $8K Weekly Drop
Forward Industries grows SOL treasury to 8.7 million as token hits nearly three-month low
EUR/USD: Support holds but upside limited – ING
Crypto prices
More
