Express
Bank of America: Likelihood of Hard Landing at Lowest Level Since January, Stock Allocation Rising
Summary: In a recent report, Bank of America revealed that the likelihood of a hard landing has decreased to the lowest level since January 2025, with stock allocation on the rise but not yet at extreme levels. A net 78% of respondents expect short-term interest rates to decrease in the next 12 months. 29% of respondents ...
In a recent report, Bank of America revealed that the likelihood of a hard landing has decreased to the lowest level since January 2025, with stock allocation on the rise but not yet at extreme levels.
A net 78% of respondents expect short-term interest rates to decrease in the next 12 months. 29% of respondents believe that the trade war remains the biggest tail risk, while 27% think that inflation is hindering the Fed's rate cuts.
20% of respondents believe that Fed Governor Waller is most likely to become the next Fed chair, followed by 19% for White House National Economic Council Director Hassett, and 15% for former Fed Governor Warsh.
Tags:
Link: Bank of America: Likelihood of Hard Landing at Lowest Level Since January, Stock Allocation Rising [Copy]