A few excerpts from Merrill Lynch research: The economy will flirt with recession in the coming months with negative GDP in 2Q, we believe. Growth is expected to remain soft in 3Q with recovery starting thereafter.…We now expect the Fed to cut 100bp at the March FOMC meeting, bringing rates to zero.…Based on BAC aggregated […]
source https://thebtrader.com/2020/03/13/from-merrill-flirting-with-recession/?utm_source=rss&utm_medium=rss&utm_campaign=from-merrill-flirting-with-recession
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