BofA Global Research Calls 2024 "The Year of the Landing"
November 27, 2023
November 27, 2023
NEW YORK, Nov. 27 -- Bank of America, a financial institution, issued the following news release:
Few have experienced today's macro uncertainty in their lifetime, and investors have underappreciated and underpriced its impact. The recession that many expected in 2023 never arrived. Inflation rates peaked in the fall of 2022 in many geographies and disinflation continued throughout 2023, despite economies being generally stronger than expected. In their newly released outlook for 20 . . .
Few have experienced today's macro uncertainty in their lifetime, and investors have underappreciated and underpriced its impact. The recession that many expected in 2023 never arrived. Inflation rates peaked in the fall of 2022 in many geographies and disinflation continued throughout 2023, despite economies being generally stronger than expected. In their newly released outlook for 20 . . .