Capital Market Outlook
May 4, 2020
May 4, 2020
IN THIS ISSUE
- Macro Strategy — Macro Weakness vs. Market Rebound: Observations from Three Recent Crises — The drivers of the current crisis have been exceptional, but similarities with previous episodes suggest that investors should continue to look through the macro weakness.
- Global Market View — Post-Virus, Three Strategies for Long-Term Investors — The ongoing pandemic will likely bring fundamental shifts in the global economy and behavioral changes among consumers and corporates, and given that, investment portfolios will have to adapt.
- Thought of the Week — The New Economy Charges Ahead — Considering the structural shift in equity valuations, a healthier earnings contribution, and the fact that technology tends to be a beneficiary of the secular rise in spending.
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.
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