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BoA Merrill's top 10 trades for 2016

Discussion in 'Market News' started by ForexLive, Dec 8, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    What Bank of America Merrill-Lynch sees next year The economies of the U.S. and the rest of the world have diverged, at least partly because of U.S. policies exporting its problems - such as debt. In our view, five years of quantitative easing drove both U.S. interest rates and the U.S. dollar to the ground, pressuring other nations to adopt interest rates that were too low for their own good, so that countries such as China, Brazil, Australia, and Canada went on a borrowing binge. In a sense, the U.S. de-leveraged by pressing the rest of the world to leverage up, with global debt growing $57 trillion since 2007, up 40 percent, per McKinsey.

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