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Bank of America: Investigation shows U.S. stocks are likely to outperform the broader market

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Golden Finance reports: On July 15, a global fund manager survey by Bank of America found that fund managers’ bullishness toward the US stock market has reached its highest level since December 2024. The survey shows that net 24% of respondents believe US stocks will outperform other regions—this is the third-highest allocation weight for the US stock market in the past five years. By contrast, investors have cut their allocation to UK stocks. Fund managers’ confidence in stocks listed in London has fallen to its lowest point since August 2020. Compared with other regions, the UK stock market has been weak so far this year. Year-to-date, the FTSE 100 index in London has risen 5.7%, while the S&P 500 is up more than 10%. (Jin Ten)
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