BofA Merrill Lynch is one of the first Wall Street firm to pull out its crystal ball and...
Friday, September 14, 2012, 6:57 PM ETBofA Merrill Lynch is one of the first Wall Street firm to pull out its crystal ball and prognosticate what's next for stocks in 2013. Savita Subramanian, Merrill’s chief U.S. equity strategist, sees the U.S. avoiding a recession and GDP growth modestly accelerating into next year, with the S&P 500 finishing up 10 percent - albeit after a bumpy ride. Mcro risks are still a factor, she warns, and will likely cap the upside or could possibly even trigger a correction.
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