54% of Americans said there is no mortgage rate at which they would feel comfortable selling their home, up 12 points from last year, per Bank of America, $BAC.
Bank of America, $BAC, investors say the biggest tail risks are: trade war triggers global recession (29%), inflation prevents Fed rate cuts (27%), disorderly rise in bond yields (20%), AI equity bubble (14%), dollar debasement (6%)
Bank of America, $BAC, investors say the biggest tail risks are: trade war triggers global recession (29%), inflation prevents Fed rate cuts (27%), disorderly rise in bond yields (20%), AI equity bubble (14%), dollar debasement (6%)
68% of investors said a soft landing is the most likely outcome for the global economy in the next 12 months; 22% say no landing, and just 5% predict a hard landing, per Bank of America, $BAC.
In 2024, 67% of utility spending on transmission and distribution—$63 billion—went to replacements and upgrades, dwarfing the $32 billion allocated to new lines and substations, per Bank of America, $BAC.
If every U.S. household went “all-electric”—replacing gas-powered heating, hot water, and vehicles—the monthly consumption would triple, from 875 kWh to 2,803 kWh. Such a seismic shift would overwhelm large swaths of the existing grid without massive upgrades, per $BAC:
91% of Bank of America, $BAC, fund managers surveyed indicated that American stocks are overvalued, the highest ever proportion in data going back to 2001.
Bank of America, $BAC, is expecting $700 billion in AI capex from the so-called hyperscalers through 2025 and 2026, with "upward revisions each quarter," per BI
Stimulus measures included in Trump's "Big Beautiful Bill," as well as the push to boost activity in US manufacturing, will stop a recession in the US, per Bank of America, $BAC.