Global growth optimism climbs to five-month high, BofA survey shows

Seeking Alpha ·

Expectations for the global economy have improved to their highest level in five months, signaling growing investor confidence that the macroeconomic backdrop is beginning to catch up with the strong performance of U.S. equities, according to BofA Global Research.

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According to BofA Global Research, optimism regarding global economic growth has reached a five-month high. This reflects investor confidence that the gap between strong U.S. stock market performance and macroeconomic indicators is narrowing. The market is increasingly pricing in a soft landing, strengthening appetite for risk assets.

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