Investors reduced allocations to stocks, moved to cash in August, BofA survey shows

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Investors reduced allocations to stocks, moved to cash in August, BofA survey shows
Survey RespondentsOverweight PositionAllocations
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Investors' increased their allocations to cash and reduced their an overweight position in stocks in August, as expectations for global growth dropped to its...

A logo of the Bank of America is seen on an office building at the Gujarat International Finance Tec-City at Gandhinagar

According to the survey, 31% of respondents said they were overweight stocks in August, down from 51% in July, while their average cash level was 4.3% of their assets under management, up from 4.1% a month before. Black and racialized workers in Canada are less likely to be represented by a union, according to a new report.For friends of Rebecca Godfrey, the writer's final novel is more than a posthumous stamp on a career cut short — it's another piece of her to savour now that she's gone.Final chapter of 'Freedom Convoy' organizers' trial begins with closing arguments

Philips and Dutch Isala Hospital renew long-term partnership focused on innovation and affordable, sustainable healthcare

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Survey Respondents Overweight Position Allocations

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