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.
Similar Stories to Investors See Record-setting Gold Prices As The Most Overvalued In Nearly 4 Years Amid Dimming Recession Fears, Bofa Says on Bing News
fdemott@insider.com (Filip De Mott), Business Insider
Wed, 04/17/2024 - 6:37am
Topics: caspar benson/getty images bank fund manager survey august 2020 the middle east federal reserve february 2022.in december wall street business insider gold august america us investors overvalued years recession landing bullish expect surveyed respondents managers uncertainty surged rate cuts macro outlooks forecasts interest levels hard global cash
BING NEWS:
- Investors see record-setting gold prices as the most overvalued in nearly 4 years amid dimming recession fears, BofA says
Gold is the most overvalued it's been since August ... but respondents are actually the most bullish in two years. 78% see recession as unlikely, while "no landing" expectations have surged ...
04/17/2024 - 6:36 am | 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 - 2:48 am | View Link - More
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
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more