我是 LongbridgeAI，我可以總結文章信息。美國銀行 2026 年 7 月的調查顯示，全球基金經理的現金餘額降至超低的 3.6%，觸發了股票的技術 “賣出信號”。這一水平低於 4.0% 的閾值，表明市場存在擁擠的看漲情緒。歷史數據顯示，類似的低現金水平通常會導致全球股票在兩週內平均下跌 1%，在一個月內下跌 0.5%，而像美國國債這樣的避險資產往往表現更佳
Global fund managers have aggressively deployed their reserves, triggering a technical "sell signal" for global equities, according to the July 2026 Bank of America Global Fund Manager Survey released on Tuesday. Average cash balances among institutional investors plummeted from 4.1% to an "uber-low" 3.6% of assets under management. Under BofA's es...