Capital Market Outlook
May 16, 2022
IN THIS ISSUE
- Macro Strategy — Intensifying Global Headwinds: Much of the adjustment to limited energy supply will likely continue to take place on the demand side, creating headwinds to global economic growth.
- Global Market View — The Markets Are Captive to a Toxic Trifecta: Until policy shifts start to materialize or take shape, investors will continue to swirl in a stew of uncertainty and remain captive to a most toxic trifecta.
- Thought of the Week — Midterm Elections And Stock Market Returns: Past is Prologue?: Market weakness is common/not unusual ahead of midterm elections as well as post-election market rebounds.
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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