According to the Planet Daily, the Bank of America Global Fund Manager Monthly Survey shows that investors are cautious about the macroeconomic outlook, predicting a soft landing in 2024, lower interest rates and a weaker dollar. The survey shows that investors expect global economic growth to slow, with 74% of investors predicting that the economy will have a soft landing or not land at all, up from 64% last month.
21% of investors predict a hard landing, down from 30% in October. Two-thirds of investors believe a "soft landing" is the baseline for the global economy in 2024.