Cash at 3.6% near 13 year lows after dropping another half point shows institutions fully committed with almost no dry powder left for dips.
Institutional investors are rushing into US stocks:
Global managers’ cash allocation has declined -0.5 percentage points month-over-month, to 3.6%, near the lowest in 13 years, according to a BofA survey of 181 participants with $484 billion in assets.
At the same time, 24% of… pic.twitter.com/JYRHFBLq5z
— The Kobeissi Letter (@KobeissiLetter) July 15, 2026
The last few weeks saw gold have its deepest drawdowns in over a decade.
byu/Boo_Randy_Revival inWallstreetsilver