S&P 500 peak, global growth slowdown and FX volatility: BofAML's 10 macro calls for 2019

Risk-off until spring

Tom Eckett
clock
BofAML’s top 10 macro calls for 2019
Image:

BofAML’s top 10 macro calls for 2019

Bank of America Merrill Lynch has forecasted the "bear market vibe" to continue into the first half of 2019 as it makes its top ten macro predictions for the coming year, but added it expects to turn "tactically risk-on" in late spring.

The bank's research team predicts modest gains across both equities and fixed income in the coming year, but cautioned the squeeze on liquidity from higher rates and a flattening yield curve would create...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Markets

Vince Childers of Cohen & Steers

Impact of Russia-Ukraine war ripples across real assets

Commodities and real estate affected

Vince Childers
clock 26 May 2022 • 4 min read
Luke Hickmore, investment director fixed income, abrdn

Jubilee economics - how does 1952 compare to 2022?

Some similarities

Luke Hickmore
clock 24 May 2022 • 4 min read
Market Movers Blog: US inflation dips slightly to 8.3%

Market Movers Blog: UK Government borrowing reaches historic high in April

Latest news and analysis

Investment Week
clock 24 May 2022 • 1 min read
Trustpilot