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Investors slash US equity holdings by most ever, BofA survey shows

  • As the first quarter nears its end, investment in U.S. equities fell by 40% month-over-month in March, marking the biggest monthly drop on record, according to Bank of America's survey.
  • The survey indicates that 55% of investors believe a trade war could trigger a global recession, the strongest consensus on a risk since April 2020.
  • Despite declining U.S. allocations, a gauge of insider sentiment showed more corporate insiders are buying, with Moderna's CEO buying $5 million of company stock this month.
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El Pais broke the news in Spain on Tuesday, March 18, 2025.
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