Optimistic sentiment is exploding! The latest Bank of America survey: Global fund managers' equity overweight ratio in May hits a record high, with only 4% worried about a hard landing.

According to the financial news app 21st Century Business Herald, based on the monthly fund manager survey released by Bank of America on Tuesday, global fund managers significantly increased their stock holdings in May, setting a record high in over-allocation ratios, boosted by expectations of improving profitability and the possibility of interest rate cuts by the Federal Reserve.