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Benzinga
Benzinga
Business
Wayne Duggan

UNCOVERED: Wall street turns bullish on cash | History Defined

The SPDR S&P 500 ETF Trust (NYSE:SPY) closed out its first down quarter in two years in March, and many retail investors bought the dip in stocks in the first quarter in anticipation of a potential rebound.

Bank of America analyst Savita Subramanian said sell-side analysts are also getting bullish, just not on stocks.

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