Reported 2 months ago
A recent Bank of America survey indicates that 76% of investors believe a 'soft landing' for the global economy is likely in the next year, driven by expectations of lower interest rates. With 93% seeing short-term rate declines and 60% anticipating multiple cuts this year, confidence has surged amid signs of a stable job market. Notably, investors are reallocating assets from stocks to cash and bonds at the fastest rate since September 2022, as strategies shift in face of rising economic risks.
Source: YAHOO