Bank of America Merrill Lynch says inequality will peak amid the rise of "moral capitalism". The 2020s are set to be a decade of dramatic economic and social upheaval, reversing many of the trends of the past 40 years, according to one of the world’s largest banks. Bank of America Merrill Lynch says the era of globalisation from 1981-2016 has ended and is reversing
The bank’s analysts expect inflation and interest rates to increase from their current 5,000-year lows
The bank is expecting wealth inequality to fall next decade as voters demand redistribution and taxes rise In what it […]
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