In an unexpected whirl of market fervor, investors seem to have unconditionally slipped on the robes of faith, banking on an invincible Federal Reserve. They've ditched the safe and steady appeal of cash, instead opting to flirt with the unpredictability of stocks, according to the finance maestros over at Bank of America.
In a display of unabashed risk-taking, these investors have swan-dived into the fast-moving currents of the stock market. It's as if they've been charmed by the Fed's apparent invincibility, their hopes pinned on the soaring eagle instead of reposing in the conventional safety of the nest.
