Capital Market Outlook
May 2, 2022
IN THIS ISSUE
- Macro Strategy — Assessing Recession Risk: The Recession Indicator: We expect the economic expansion to stay intact, and we remain of the view that monetary policy is still highly accommodative at present.
- Global Market View — Corporate America is Well Positioned for a Tri-polar World: Reducing global supply chain vulnerabilities means tapping more, not fewer, external resources.
- Thought of the Week — Warp Speed: The Rotation from FAANG 1.0 to FAANG 2.0: Market rotations are not uncommon although the massive moves of late have been among the most pronounced in recent history.
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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