Investors are flooding into equities at an alarming pace. A recent Bank of America survey just revealed something striking—cash levels have hit a record low. This isn't just a number on a spreadsheet. It signals how aggressively investors are positioning themselves in stocks right now, leaving minimal dry powder on the sidelines. When cash reserves drop to historic lows like this, it typically reflects extreme confidence (or extreme FOMO, depending on how you look at it). The market sentiment here is worth watching if you're thinking about broader asset allocation and how different markets tend to move together during these sentiment shifts.