In the latest BofA Fund Manager Survey (FMS), a resurgence of global inflation is now viewed as the top "tail risk." In November, 32% of surveyed investors identified rising inflation as their biggest risk, up from 26% in October. Concerns about geopolitical conflict dropped to second place at 21%, down from 33% in the previous month. https://image.nostr.build/e6a843d6c5667bab5e665df7e941c195378b605866c5dc6d403fbe5509515598.jpg