美国银行：投资者目前认为做空美元是当前最拥挤的交易

Core Viewpoint - Investors currently view shorting the US dollar as the most crowded trade, with approximately 34% of respondents holding this opinion, marking the first time in the survey's history that shorting the dollar has replaced going long on gold as the most crowded trade [1] Group 1: Investor Sentiment - 47% of investors believe the US dollar is overvalued, a decrease from 61% in the June survey [1] - The survey indicates a low allocation to the US dollar, as well as to US equities, energy, and consumer staples stocks [1] Group 2: Risks - 14% of investors consider a sharp decline in the dollar due to capital outflows as the third-largest tail risk [1]