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Long global semiconductors remains the most crowded trade followed by short US Treasuries, according to Bank of America

The latest Bank of America Global Fund Manager Survey showed investors have become less optimistic about the macroeconomic outlook, while positioning in technology stocks remains near its most extreme level in six years. The survey was conducted between October 2 and October 8 among 161 participants managing $453 billion in assets. The Bank of America Global Fund Manager Survey (FMS) is one of…

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