{"slug": "global-investors-turn-most-bullish-since-february-bofa-survey-shows", "title": "Global investors turn most bullish since February, BofA survey shows", "summary": "Global investor sentiment rose to its highest level since February, driven by optimism about economic growth, AI-related spending, and expectations for a dovish Federal Reserve, according to Bank of America's latest Global Fund Manager Survey. Cash allocations fell to 3.6%, triggering a contrarian sell signal, while a record 54% of respondents expect a 'no landing' for the global economy.", "body_md": "MILAN, July 14 (Reuters) - Global investor sentiment has climbed to its strongest level since February, with fund managers growing more optimistic on the economic outlook, artificial intelligence-linked spending and the prospect of a dovish Federal Reserve, Bank of America's latest Global Fund Manager Survey showed.\n\nCash allocations fell to an \"uber-low\" of 3.6% from 4.1% in June, level that triggered BofA's contrarian sell signal, while a record share of respondents said they expect a \"no landing\" for the global economy.\n\nThe survey was carried out between July 2 and July 9, after the interim deal to end the U.S.-Iran war and largely before hostilities resumed.\n\nKey findings from the July survey in more detail:\n\n• Investor sentiment rose to its highest level since February, reflecting optimism about economic growth, AI-related capital expenditure and expectations for easier monetary policy.\n\n• A record 54% of respondents expect a \"no landing\" scenario for the global economy, while only 2% anticipate a hard landing.\n\n• U.S. equity allocations were raised to the highest overweight position since December 2024.\n\n• Long global semiconductor stocks remained the market's most crowded trade for a third consecutive month, cited by 82% of investors.\n\n• While some investors trimmed technology positions in July, none reported being short the sector.\n\n• 61% of respondents say hyperscalers are unlikely to cut capital expenditure this year, versus 28% expecting reductions.\n\n• AI bubble risks rose to the top spot among largest tail risk facing markets, pointed to by 45% of respondents.\n\n• 83% do not expect the Fed to raise interest rates before the U.S. midterm elections in November.\n\n• Investors cut their end-2026 oil price forecast to $71 a barrel from $86 in June.\n\n(Reporting by Danilo Masoni)", "url": "https://wpnews.pro/news/global-investors-turn-most-bullish-since-february-bofa-survey-shows", "canonical_source": "https://ca.finance.yahoo.com/news/global-investors-turn-most-bullish-073023842.html", "published_at": "2026-07-14 07:30:23+00:00", "updated_at": "2026-07-14 07:51:18.797374+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-products"], "entities": ["Bank of America", "Federal Reserve"], "alternates": {"html": "https://wpnews.pro/news/global-investors-turn-most-bullish-since-february-bofa-survey-shows", "markdown": "https://wpnews.pro/news/global-investors-turn-most-bullish-since-february-bofa-survey-shows.md", "text": "https://wpnews.pro/news/global-investors-turn-most-bullish-since-february-bofa-survey-shows.txt", "jsonld": "https://wpnews.pro/news/global-investors-turn-most-bullish-since-february-bofa-survey-shows.jsonld"}}