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Bank of America Survey's Extreme Pessimism Might Be Contrarian Indicator

Bank of America's monthly fund manager survey, conducted between July 8 and July 15, shows dire levels of investor pessimism and increased preference for cash.

By Omkar Godbole
Updated May 11, 2023, 6:43 p.m. Published Jul 20, 2022, 9:10 p.m.