“The latest AAII asset allocation survey showed that individual investors increased their equity holdings by 2.2%, increased fixed income exposure by 2% and reduced cash by 4.3%. That’s a meaningful swing in cash levels and shows how desperate small investors are to put some money to work. The current equity levels show that individual investors are still not completely sold on the rally as the historical average equity allocation is 60% while the latest reading brings us up to 61.7%.
Here’s more via AAII…”
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