Record cash levels show investors remain unconvinced by the stock market's bullish transition in 2023, Bank of America says

Record cash levels show investors remain unconvinced by the stock market's bullish transition in 2023, Bank of America says

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Traders work the floor of the New York Stock Exchange during morning trading on May 05, 2022 in New York City. Michael M. Santiago/Getty Investors aren't fully buying into the stock market's bullish narrative this year, according to Bank of America. That's evidenced by fund flows and a record $5…

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