Caspar Benson/Getty Images Gold is the most overvalued it's been since August 2020, according to fund managers surveyed by Bank of America. Gold has climbed near records on macro uncertainty, but respondents are actually the most bullish in two years. 78% see recession as unlikely, while "no landing" expectations have surged to 38%. Gold's shining a bit too bright these days, at least according to the most bullish group of investors seen in two years.

BING NEWS:
  • Billionaire investor David Einhorn shares an overlooked theory for why gold prices have spiked so much
    Billionaire hedge fund boss David Einhorn shared his thoughts about why gold has soared this year in his most recent letter to investors.
    04/28/2024 - 1:30 am | View Link
  • BMO shares 4 charts showing why stock investors shouldn't fear higher-for-longer interest rates
    Investors are starting to wake up to the fact that the Federal Reserve may not cut interest rates in 2024 following hawkish commentary from Fed Chairman Jerome Powell on Tuesday. That's in stark ...
    04/17/2024 - 4:24 pm | View Link
  • Investors see record-setting gold prices as the most overvalued in nearly 4 years amid dimming recession fears, BofA says
    Gold's shining ... seen in two years. A net 26% of respondents to Bank of America's latest Fund Manager Survey say gold has over-appreciated, making the yellow metal the most overvalued since ...
    04/17/2024 - 3:35 pm | View Link
  • Investors see record-setting gold prices as the most overvalued in nearly 4 years amid dimming recession fears, BofA says
    at least according to the most bullish group of investors seen in two years. A net 26% of respondents to Bank of America's latest Fund Manager Survey say gold has over-appreciated, making the yellow ...
    04/17/2024 - 2:48 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News