Bank of America: Long U.S. Stocks Seven Giants Remains Most Crowded Trade
Long positions in the Big Seven of US stocks are considered the most crowded trade for the 18th consecutive month, with a total of 46 per cent of investors surveyed saying it is the most crowded trade, although this is the smallest proportion since November last year, according to a Bank of America survey.
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
Analyst: Four interest rate cuts are expected next year after the new Federal Reserve Chair takes office
Ethereum treasury company FG Nexus sells 10,922 ETH to repurchase shares
Goldman Sachs: The possibility of a Fed rate cut in December still exists