Capital Market Outlook
April 18, 2022
IN THIS ISSUE
- Macro Strategy — From Wild Turkey To Cold Turkey: In our view, the possibility of aggressive quantitative tightening is now the biggest downside risk to the outlook.
- Global Market View — Deglobalization Will Come At A Cost To America: Globalization is under strain but will most likely bend not break.
- Thought of the Week — Headwinds Gathering for China: The surge in coronavirus cases resulting in strict shutdowns has added another headwind to China's growth outlook.
Read the full issue here
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The Chief Investment Office (CIO) provides thought leadership on wealth management, investment strategy and global markets; portfolio management solutions; due diligence; and solutions oversight and data analytics. CIO viewpoints are developed for Bank of America Private Bank, a division of Bank of America, N.A., (“Bank of America") and Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S" or “Merrill"), a registered broker-dealer, registered investment adviser and a wholly owned subsidiary of Bank of America Corporation (“BofA Corp.").
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