Market Updates
January 11, 2021
Policies aimed at raising inflation are likely favorable for commodity prices; some key questions that may affect this year’s market outlook; we do see positive trends building for economic and earnings growth into the new year supportive of an equity uptrend in 2021.
December 21, 2020
Despite several years of overvaluation that would typically make the dollar prone to a correction, the greenback may simply suffer some further discoloration. A good time to look back on the key lessons of an extraordinary year. Scenarios for the S&P 500 through 2022.
December 14, 2020
The global economy is expected to rebound in 2021, with the U.S. economy poised for its fastest rate of growth in decades. Globalization is alive and well for a number of reasons. The outlook for small-caps has gotten more constructive.
December 7, 2020
Profits surge validated financial market ebullience; international equities remain historically undervalued compared to those in the U.S.; stronger business confidence is also behind one of the quickest Mergers and Acquisitions (M&A) recoveries in decades.
November 30, 2020
Real consumer spending growth in the year ahead could be the fastest we have seen in decades; foreign trade and immigration are important determinants of long-term economic growth and U.S. corporate earnings; investor sentiment has turned more bullish in November.
Important Disclosures
All data, projections and opinions are as of the date of the report and subject to change.
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.
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