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Cash Holdings Hit Two-Year High: Bank Of America Survey

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What has been called the least believed bull market in years has recently gotten another shot of skepticism as the combination of geopolitical tensions, US interest rate hikes on the horizon, and concerns about asset valuations has pushed cash holdings to the highest level in two years, according to the Bank of America Merrill Lynch August Fund Manager Survey.

Cash Holdings Hit Two-Year High: Bank Of America Survey

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