newsfilter.io
Other

Must Read Research: Fund Manager Survey; Our New AI Tracker; Gold’s Rally and K-shape Convergence

Bank of AmericaCandace Browning
Watch on YouTube →
  • Optimism around risk assets is projected to persist, with fund managers advised to rotate within these assets rather than abandon them.
  • 56% of fund managers anticipate a "no landing" economic scenario, while 4% foresee a "hard landing."
  • 37% of fund managers expect double-digit earnings growth, coinciding with 71% expecting no reduction in AI spending during 2026 and 58% anticipating no negative impact on employment before 2028.
  • Rapidly evolving AI economics and upcoming model launches from Meta and Alphabet are identified as key areas to monitor.
  • Current investor buying trends in commodities align with a gold price of $4,000, with a move toward $5,000 requiring accelerated purchases and potential support from a more accommodative policy tone at Jackson Hole.
  • China's gold imports are expected to continue reaching new highs as the country pursues the internationalization of the renminbi.
  • The K-shaped consumer trend is beginning to converge, and savings are projected to remain above inflation-adjusted 2019 levels without signs of accelerated drawdowns.