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Recent from CNBC Television:
CNBC Television published this video item, entitled “BofA’s Savita Subramanian explains why she’s neutral on the S&P 500” – below is their description.
“I think the big risk to the S&P 500 is that it’s done well in an environment of benign inflation,” Savita Subramanian, head of U.S. equity and quantitative strategy at Bank of America Merrill Lynch, told CNBC’s “Squawk Box” Tuesday. “We’ve been in a goldilocks environment and the risk to that thesis, I think, is elevated today, so that’s another reason we’re neutral and not bullish on the S&P 500. We could potentially see a move in inflation that is actually negative for risk assets.”CNBC Television YouTube Channel
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S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. One division of the business, S&P Global Ratings, is considered the largest of the Big Three credit-rating agencies, which also include Moody’s Investors Service and Fitch Ratings.