Gate News reports that on March 26, investors are selling stocks and bonds and reallocating into cash to avoid the risks associated with the Iran war, similar to their strategy after Russia’s invasion of Ukraine in 2022. A recent survey of fund managers by Bank of America this month shows that cash holdings have experienced the largest increase in six years. Meanwhile, J.P. Morgan strategists stated this week that repositioning due to the conflict may still be far from over. In a report led by Nicolas Panigirtzoglou, J.P. Morgan’s team said that as long as geopolitical and macro uncertainties remain high, the current cash allocation, which is still below historical levels, could negatively impact future stock and bond markets. Investors have been selling stocks, bonds, and gold simultaneously, favoring increased cash holdings. However, compared to the outbreak of the Russia-Ukraine conflict, cash levels in portfolios remain moderate.