According to The Kobeissi Letter, a Bank of America survey indicates that a record 50% of institutional investors plan to reduce their US equity exposure. The allocation to US stocks has decreased by 13 percentage points in the past month, now at a net 36% underweight.

According to The Kobeissi Letter, a recent Bank of America survey shows that approximately 50% of institutional investors plan to decrease their US equity exposure. This bearish sentiment is highlighted by a 13 percentage point drop in US stock allocation over the last month, resulting in a net 36% underweight position. Traders should monitor these shifts as they could signal broader market trends and potential opportunities in alternative asset classes.