BoA Clients: “We Give Up On Europe” – ValueWalk Premium

BoA Clients: “We Give Up On Europe”

Ethan Harris, global economist at Bank of America Merrill Lynch, is giving up on Europe.

In the bank's latest global macroeconomic forecasts update, Harris and the rest of the economics team at BoA state that they are downgrading forecast for the Euro area on the back of weak data and the "laundry list of risks" facing the region.

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