Capital Market Outlook
May 10, 2021
IN THIS ISSUE
- Macro Strategy — Inflation in the Material World: Structural deflation in the Technology sector has lulled many investors into complacency about the outlook for inflation.
- Global Market View — Equities up 90%. Now What?: Concerns over the next leg for equity markets have become more acute.
- Thought of the Week — The Pandemic Startup Surge: The spike in applications to start new businesses.
Important Disclosures
All data, projections and opinions are as of the date of this 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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