According to the BofA Global Fund Manager Survey, fund managers' confidence in the global economy is at a four-year high. Despite unease about AI, 41% of managers expect the global economy to prosper over the next 12 months, the highest share since Feb. 2022; 47% expect stagflation over the same period—growth falling below trend while inflation remains elevated.

2026-07-15

According to the BofA Global Fund Manager Survey, fund managers' confidence in the global economy is at a four-year high. Despite unease about AI, 41% of managers expect the global economy to prosper over the next 12 months, the highest share since Feb. 2022; 47% expect stagflation over the same period—growth falling below trend while inflation remains elevated.