A record 74% of fund managers say US tech stocks is the most crowded trade, according to Bank of America survey

A record 74% of fund managers say US tech stocks is the most crowded trade, according to Bank of America survey

Business Insider

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· *A record 74% of fund managers said that US technology stocks are the most crowded trade, according to Bank of America's July survey released Tuesday. *
· *Overall, "investor sentiment remains cautious," analysts led by Michael Hartnett wrote.*
· *In addition, as many as 52% say that a second wave of COVID-19 cases...

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