Bank of America Survey: 45% of fund managers believe going long on tech giants is the hottest, as investors return to the stock market.

According to news from the cryptocurrency world, a monthly fund manager survey by U.S. Bank shows that, benefiting from optimistic earnings performance and an improvement in global economic sentiment, investors are once again flocking to the stock market, with holdings of large U.S. tech stocks becoming the hottest trade again. The August survey covered 169 participants, managing a total of $413 billion in assets. Among them, 45% of respondents believe that the most crowded trade is "going long on the 'big seven tech giants'" — this combination includes major U.S. tech stocks like Nvidia and Microsoft. In August, overall investor sentiment improved, with only 5% of asset management firms betting on a "hard landing" for the economy. A net 14% of respondents are overweight on global stocks, the highest since February, but still significantly lower than the net 49% overweight in December of last year.

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NftCollectorsvip
· 21h ago
Enter the market early.
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alpha_leakervip
· 22h ago
Tech stocks attract huge amounts of capital
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MEVSupportGroupvip
· 22h ago
Tech stocks are getting a bit hot.
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PerennialLeekvip
· 22h ago
Big tech is soaring to the sky
View OriginalReply0
SignatureCollectorvip
· 22h ago
Tech stocks are strong again.
View OriginalReply0
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