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Story perspectives

Investors Boost Mining; Oil Slumps 29%, Inflation Falls

6/23/2026

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Story summary
  • Bank of America Global Research surveyed 14 institutional investors June 5-11, 2026, and found a net 93% view of more buying than selling opportunities, the strongest sentiment since 2009.
  • Fund managers lifted mining-stock exposure to a five-year high after the upbeat sentiment.
  • Oil prices dropped 29% in June versus May peaks, easing inflation pressures and cutting inflation expectations to a net 7%.