Bank of America Merrill Lynch Global Research Predictions for 2014 - Video News Alert Summary on InvestmentPitch.com
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2013) - Bank of America Merrill Lynch Global Research has issued its 10 predictions for 2014. Overall, they are expecting a continued bull market, steady growth in the U.S. economy and higher yields.
InvestmentPitch.com has produced a "video news alert" summarizing these predictions. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Merrill Lynch" in the search box.
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Bank of America Merrill Lynch Global Research predicts the S&P 500 Index to rise to 2000 and the MSCI All-Country World Index to reach 444 by year-end 2014, with price return of approximately 11% and earnings growth of 7%. U.S. and global economic GDP growth to accelerate in 2014, to 2.6% and 3.5%, respectively, with the U.S. economy expected to expand in the second half of the year at a 3% rate, driven by the end of fiscal austerity and pent-up demand for capital goods.
Furthermore, emerging markets should rebound and prove resilient in 2014, with modest growth recovery and rising productivity. Emerging market GDP is expected to rise by 4.9% .
To view the full details of the 10 predictions for 2014, please watch the video on Investmentpitch.com.
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Barry Morgan, CFO