Bank of America survey shows that a second round of inflation is seen as the largest tail risk in the market

Golden Ten Data, June 16 – Bank of America's June global fund manager survey shows that 34% of investors believe a "second wave of inflation" remains the biggest tail risk facing the market. The survey indicates that, over the past two months, concerns about "geopolitical conflict" as a risk have plummeted from 44% to 12%. Meanwhile, the tail risk of an "AI bubble" has risen from 5% two months ago to 28%.