Bank of America Merrill Lynch 2020 Market Outlook: Profits Rise, Economy Slows, Globalization Peaks, and Business-as-Usual Investing Comes to an End

Credit: Business Wire- Published 2 weeks ago
NEW YORK--(BUSINESS WIRE)--Key drivers of this year’s late-cycle bull market gains are expected to shift as the global markets enter the new year, according to BofA Merrill Lynch Global Research, which was recently named Institutional Investor’s top research firm in the world. In its year-ahead outlook, the research team forecasts a bottoming of economic growth in the spring as trade war tensions ease, and relatively low recession risk. Key highlights include: Stocks are expected to outperform

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