On February 17, the U.S. Bank's monthly fund manager survey released on Tuesday showed that market sentiment remains "extremely optimistic," but further asset gains seem increasingly difficult, and global investors are growing more concerned about over-investment in companies.

According to the survey of 162 fund managers managing a total of $440 billion in assets, cash balances increased from a record low of 3.2% in January to 3.4%, while investors continue to severely overweight commodities and stocks, and significantly underweight bonds. Macro optimism has further improved, with the proportion expecting the global economy to experience "prosperity" reaching the highest since February 2022, and the proportion expecting earnings growth of over 10% being the strongest since 2021.

However, a record proportion of respondents indicated that corporate spending is too aggressive, and chief investment officers are now more inclined to strengthen balance sheets rather than increase capital expenditures. The AI bubble has once again become the tail risk most concerning to investors. #Gate广场发帖领五万美金红包