[Bank of America Survey Shows Second Wave of Inflation Seen as Biggest Tail Risk for Markets] According to a report by Jinse Finance, on June 16, Bank of America's June Global Fund Manager Survey revealed that 34% of investors believe the 'second wave of inflation' remains the biggest tail risk facing the market. The survey also showed that concerns over the risk of 'geopolitical conflicts' have plummeted from 44% to 12% over the past two months. Meanwhile, the tail risk of an 'AI bubble' has risen from 5% two months ago to 28%.