AI Bubble Seen as Biggest Tail Risk for Markets, Bofa Survey Says
Dow Jones
Aug 18
1103 GMT - An AI bubble is viewed as the biggest tail-risk event, according to 32% of investors in the Bank of America global fund manager survey for August. A tail risk is the possibility of an extreme and rare event happening which could have a considerable impact on financial markets. The second biggest tail risk event is a disorderly rise in bond yields, according to 27% of investors who responded to the survey.
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