Bank of America Survey: Buying Gold Continues to Be the Most Crowded Trade for the Second Consecutive Month

Gelonghui February 17 | The February Global Fund Manager Survey by Bank of America shows that buying gold has become the most crowded trade for the second consecutive month. In the survey, 50% of fund managers said that “going long on gold” is the most crowded trade, down from 51% in January. Meanwhile, 20% of fund managers indicated that purchasing the largest U.S. technology stocks—Nvidia, Alphabet, Apple, Amazon, Microsoft, Meta, and Tesla—is the most crowded trade.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)