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BANK OF AMERICA: A 'summer pain trade' is coming for investors with a rosy view of the global economy

Business Insider Friday, 13 July 2018
BANK OF AMERICA: A 'summer pain trade' is coming for investors with a rosy view of the global economy· *Bank of America Merrill Lynch's Global Wealth & Investment Management clients are betting on higher economic growth and interest-rate increases that don't destabilize the stock market, the firm said in a note on Thursday. *
· *Michael Hartnett, the chief investment strategist, says these views will be challenged in the...
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