SPY News: Investors increasingly expect 'no landing' for US economy - 17th Apr 2024, 10:39pm

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A growing number of investorsbelieve the US economy is headed for a "no landing" scenario, where inflation doesn't reach the Fed's 2% target but the US economy keeps growing.

Thirty-six percent of respondents to Bank of America's Global Fund Manager Survey released on Tuesday, said they believe the most likely outcome for the global economy is a "no landing." This was a noted move higher from the 23% who saw the outcome a month ago and the highest level seen since June 2023, the earliest date o...

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