Capital Market Outlook
June 6, 2022
IN THIS ISSUE
- Macro Strategy — Inflation Dimming Economic Outlook: The outlook for economic growth has darkened, and risk assets have sharply repriced so far this year.
- Global Market View — Market Update: Still on Thin I.C.E.: U.S. inflation needs to peak, China needs to aggressively reflate, and Europe needs to counterbalance the growth shock from soaring energy costs.
- Thought of the Week — Is There Anything To Like About These Markets?: We believe there are some bright spots for long-term investors—more attractive valuations, income opportunities in the bond market and weaker investor sentiment.
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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