SPY News: Investors are growing increasingly confident about a 'soft landing' - 17th Jul 2024, 11:50pm

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Investors are increasingly confident that the global economy is headed for a so-called soft landing, where inflation falls toward the Federal Reserve's target without high interest rates sending the economy into a tailspin.

In Bank of America's July Global Fund Manager Survey, released on Wednesday, 68% of respondents said a soft landing is the most likely outcome for the global economy in the next 12 months. This marked the highest percentage of respondents siding with such an outcome since Ja...

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