Investor Expectations Surge for 'No Landing' in US Economy, BofA & WSJ Reports
Investors' expectations for a 'No Landing' scenario in the US economy have significantly increased, with figures rising from 7% in January to 36% currently, as per the BofA Global Fund Manager Survey. Additionally, anticipation for an 'economic boom' with above-trend growth and inflation has surged to 24%, up from 12% last month and 5% in January. The Wall Street Journal's survey of economists also indicates a diminishing pessimism regarding the US economy, with forecasters revising their expectations for growth, inflation, and interest rates.
Sources
The Wall Street Journal
The Wall Street Journal’s latest quarterly survey of economists shows forecasters raising their expectations for growth, inflation and interest rates. The following charts show how the economy, and economic forecasts, have evolved ⬇️ https://t.co/JyaCiwwPKd
Science Is Strategic US economic pessimism is fading according to the WSJ survey of economists 🧮🔮 https://t.co/4MGE2dqDNL
Daily Chartbook "Expectations for an 'economic boom' (above-trend growth, above-trend inflation) have spiked to 24% (up rapidly from 12% last month and 5% in Jan'24)." - BofA FMS https://t.co/s0o7Z7o169
Additional media
