Investor Gloom Pushes Risk Appetite to Record Low, Says Bank of America Survey

Investor Gloom Pushes Risk Appetite to Record Low, Says Bank of America Survey
A screen at the New York Stock Exchange shows a lot of red, indicating widespread stock market losses, in New York on June 16, 2022. AP Photo/Seth Wenig
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Amid a declining economic outlook, investor growth and profit expectations have hit an all-time low, according to the Bank of America global fund manager survey for July.

The closely watched BOA survey, which was released on July 19, polled 259 investors overseeing $722 billion in assets. The survey saw risk assets falling to levels not seen since the 2008 global financial crisis, due to a massive drop in optimism.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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