Money Managers Say The Hottest Corner Of The Market This Year Is Now The Most Crowded

aoyedele@businessinsider.com (Akin Oyedele), Business Insider
Tue, 05/16/2017 - 5:33am

Shannon Stapleton/ReutersThe most popular bet on Wall Street is no longer considered to be on the US dollar's rise. Bank of America Merrill Lynch's survey of fund managers for May showed that 'long Nasdaq' is now believed to be the most crowded trade. This ends a five-month streak of the view that 'long dollar' was the most crowded trade.

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