INVESTORS SEE GLOBAL ECONOMY AVOIDING RECESSION
A Bank of America survey shows 47% of global fund managers expect a “soft landing” — slowing inflation without major economic damage. Only 5% foresee a hard landing, while 40% predict no landing. Rate-cut expectations dropped sharply, with 40% now expecting a Fed hike in the next year, versus 28% expecting cuts.
Bank of America survey indicates investor optimism with 47% expecting soft landing, only 5% predicting hard landing. Rate-cut expectations have reversed, with 40% now anticipating Fed hike versus 28% expecting cuts.
