Here’s Why This Rally Can Keep Going
It’s Ross Givens here, with Chart of the Day. Diving into Bank of America’s global fund manager survey, the pendulum of institutional sentiment has swung dramatically. From the lows marked by Silicon Valley Bank’s collapse in March to now, sentiment is at its highest since January 2022. Although the surge is notable, it’s crucial to note that these readings still have room to climb. In today’s Insight of the Day, I decode the nuances behind this sentiment shift, unveiling why the current levels, despite the increase, may hold strategic advantages for investors.