11.12.2014 - Bull Market Slows to a Jog in 2015
BofA Merrill Lynch Global Research today released its outlook for the markets in 2015, forecasting that the bull market in global equities will continue next year but returns will slow to single-digit rates. Strong fundamentals and healthy growth in the U.S. economy support a case for investor optimism and opportunism; however, in the lower-return, higher-volatility environment projected ahead, selective allocation and defensive portfolio moves will be crucial for performance. At the annual BofA Merrill Lynch Year Ahead Outlook news conferences held today in New York and London, analysts from the Institutional Investor magazine top-ranked global research firm summarized their outlook for the U.S. and global economies as cautiously optimistic...............................................Full Article: Source
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