Bank of America Survey: Nearly 90% of Investors Believe U.S. Stock Valuations Are Too High

ChainCatcher news, according to Jinshi reports, in the February global fund manager survey by Bank of America, 89% of surveyed investors believe that U.S. stock valuations are too high.

The survey found that this is the highest level since at least April 2001. Over the past 10 years, an average of 81% of surveyed fund manager investors have consistently believed that U.S. stock valuations are too high.