68 percent of investors predict a soft landing will occur in the next 12 months and 42 percent of investors believe AI adoption will increase profits for businesses in the next two years, according to the Bank of America Global Fund Manager Survey. Yahoo Finance's Jared Blikre takes a look at the survey's results.
Video Transcript
- Fears of a recession still loom on investors minds with the next federal reserve meeting taking place next week. According to the recent global fund manager survey from Bank of America, market sentiment remains bearish. 60% of investors are expecting weaker global growth, with only a mild recession.
While the concession on the-- when the recession may happen isn't so clear, a definitive supermajority, 68% of the participants in the survey, they thought there would be a soft landing in the next 12 months. Another thing piquing investor sentiment is the AI adoption, artificial intelligence, given the leap and advancements in the technology that we've seen recently.
And now 42% of investors think that AI adoption will increase profits for businesses. Only 1% of participants, however, thought that I would be able to add more jobs to the economy.
"soft" - Google News
July 19, 2023 at 11:34PM
https://ift.tt/DoVwgET
68% of investors anticipate a soft landing: Chart of the Day - Yahoo Finance
"soft" - Google News
https://ift.tt/sLhxSdo
https://ift.tt/Qhz5arX
Bagikan Berita Ini
0 Response to "68% of investors anticipate a soft landing: Chart of the Day - Yahoo Finance"
Post a Comment