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.
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