The pandemic recession is in the rear-view mirror and a new cycle of global expansion has launched, a Bank of America Private Bank senior strategist says
Marci McGregor, senior investment strategist, Chief Investment Office, Merrill and Bank of America Private Bank, told Bloomberg on Monday that the recession is in the rear-view mirror and a synchronized expansion is underway around the world. The strategist pointed to strong trends in housing and the resilient consumer as signs of this expansion. Investors should diversify their portfolios with quality bonds and gold as this expansion continues, according to McGregor.
Oh ya 4 year ago
Thats funny. This lady needs to open her eyes to just how the FED has ruined the USD. If you believe her you need to start taking your meds also. Maybe you should just buy all the bonds including the junk bonds like the government is doing as they try to keep the wheels on the wagon until after the election