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Capital Market Outlook

June 1, 2020

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June 1, 2020

IN THIS ISSUE

  • Macro Strategy — Moving Toward “Escape Velocity" — Signs of a dramatic shift in the central banks' reflation efforts should raise the odds that inflation will finally increase to their target in the coming economic expansion. A budding European fiscal union should help this effort.
  • Global Market View — Market Musings: America's Baby Bust, the Boom in Cyberattacks, and the Reopening of the U.S. Healthcare Sector — Dynamics that investors could have missed during the pandemic headlines. 
 
  • Thought of the Week — A Quick Study of the Equity Risk Premium — As opposed to other measures, the Equity Risk Premium (ERP) proves useful as it takes into account the level of interest rates, which is especially relevant given historically low rates.

Read the full issue here

Important Disclosures

 

This material was prepared by the Chief Investment Office (CIO) and is not a publication of BofA Global Research. The views expressed are those of the CIO only and are subject to change. This information should not be construed as investment advice. It is presented for information purposes only and is not intended to be either a specific offer by any Merrill or Bank of America entity to sell or provide, or a specific invitation for a consumer to apply for, any particular retail financial product or service that may be available.

 

Global Wealth & Investment Management (GWIM) is a division of Bank of America Corporation. The Chief Investment Office, which provides investment strategies, due diligence, portfolio construction guidance and wealth management solutions for GWIM clients, is part of the Investment Solutions Group(ISG) of GWIM.

 

Investing involves risk, including the possible loss of principal. Past performance is no guarantee of future results.

 

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You should consult your legal and/or tax advisors before making any financial decisions.

 

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A Merrill Contribution
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