Capital Market Outlook
May 23, 2022
IN THIS ISSUE
- Macro Strategy — Labor Market Starting Its Initial Descent: We believe we are “starting our initial descent" toward a landing for the labor market and the overall business cycle. How soft will that landing be?
- Global Market View — Pulling the Rip Cord: The U.S. as the Target Zone for Flows: The U.S. has been the target zone for inflows measured by foreigner flows into U.S. securities and foreign direct investment.
- Thought of the Week — The Secular Bull Case for Commodities: In our view, protracted supply/demand issues could keep the secular bull market for commodities running.
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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