Investors expect the global economy to flourish despite the risks of a “bubble”
A monthly survey of investment fund managers conducted by… "Bank of America"Today, Tuesday, investors around the world are increasingly concerned about companies overinvesting, while market sentiment around the global economy remains very optimistic, despite the difficulty of achieving further gains.
The survey, which included 162 managers managing assets worth 440 billion Dollar, reported an increase in cash balances to 3.4% from their lowest record level in January at 3.2%, while investors maintained their large investments in commodities and stocks, and invested much less in bonds.
The survey showed an increase in the degree of optimism regarding the overall global economy, as expectations of a "Global prosperity" The highest levels since February 2022, and profit growth expectations exceeded 10%, the highest level since 2021.
But a large percentage of survey participants reported that companies are spending lavishly, and that chief investment officers now prefer strengthening balance sheets to increasing capital spending.
The possibility of a collapse in shares of artificial intelligence companies again topped the list of the biggest risks facing investors, according to the survey.
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