FOMO Grows as Investors Scurry to Catch Stock Market Boom

  • Expectations for global growth surge most on record: BofA
  • November survey shows that cash levels plunged as bulls return
`Equities Look Reasonable Value,' AllianceBernstein CIO Says
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After sitting on the sidelines for most of the year, investors are now rushing to the equity market, afraid of missing out on the brisk rally amid increased optimism about global growth, according to a survey of fund managers by Bank of America Corp.