Stock sell signal triggered as fund manager cash plummets - BofA survey

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Global fund managers have aggressively deployed their reserves, triggering a technical "sell signal" for global equities, according to the July 2026 Bank of America Global Fund Manager Survey released on Tuesday. Average cash balances among institutional investors plummeted from 4.1% to

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According to the July 2026 BofA Global Fund Manager Survey, the average cash level of institutional investors has plunged from 4.1%, triggering a technical sell signal. This suggests that market optimism has overheated, necessitating a shift in asset allocation strategies. Investors should strengthen portfolio risk management, keeping in mind that the current bull market may have reached a short-term peak.

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