ID 14242822
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According to research from Bank of America Merrill Lynch:
– The profits cycle for large U.S. companies and policy tailwind from existing fiscal stimulus and deregulation remains supportive of economic growth and risk-assets in the near term with volatility likely as tariffs remain a concern;
– This month the GWIM ISC [Global Wealth & Investment Management Investment Strategy Committee] raised our allocation to global Equities relative to Fixed Income and upgraded International Developed Equities to neutral. Europe is benefiting from China’s improved ...
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