The Latest on Coronavirus, the Markets and Economy

News surrounding the global spread of the coronavirus (COVID-19) is changing constantly.  While uncertainty over how wide and severe the effects will ultimately be is causing panic-selling in the markets—along with disruptions to businesses, travel and people’s everyday lives—there are practical steps you can consider taking to stay focused on your long-term goals and to help keep yourself and your family safe. As always, considering talking to a private wealth advisor.

 

In this special audiocast, leaders from across Bank of America share important insights on what we currently know about the coronavirus and its potential impact on the markets and the economy.  Also joining the discussion is a medical expert on infectious diseases, who will discuss how COVID-19 compares to past viruses and what treatment regimens are currently available.   

Andy Sieg, President of Merrill Lynch Wealth Management, introduces this important conversation featuring:

  • Chris Hyzy, Chief Investment Officer for Merrill and Bank of America Private Bank
  • Michelle Meyer, Head of U.S. Economics, BofA Global Research
  • Savita Subramanian, Head of U.S. Equity and Quantitative Strategy, BofA Global Research
  • Michael Hartnett, Chief Investment Strategist, BofA Global Research
  • James Shepherd, MD, PhD, associate professor of medicine, Yale School of Medicine

For more timely insights on current market conditions, read “Dealing with Volatility: What you Need to Know Now.”

Information is as of 03/10/20

The views and opinions expressed are those of the presenters and are subject to change without notice.  

This program is presented for informational purposes only and should not be used or construed as a recommendation of any service, security, or sector.  

Dr. James Shepherd is not affiliated with Bank of America.  Bank of America nor their affiliates provide healthcare advice.  

Investing involves risk, including the possible loss of principal. Past performance is no guarantee of future results.  

The Chief Investment Office, which provides investment strategies, due diligence, portfolio construction guidance and wealth management solutions for Global Wealth and Investment Management ("GWIM") clients, is part of the Investment Solutions Group of GWIM, a division of Bank of America Corporation (“BofA Corp.”).  

BofA Global Research is research produced by BofA Securities, Inc. (“BofAS”) and/or one or more of its affiliates. BofAS is a registered broker-dealer, Member SIPC, and wholly owned subsidiary of Bank of America Corporation.

Investment, insurance and annuity products:

Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value
Are Not Deposits Are Not Insured by Any Federal Government Agency Are Not a Condition to Any Banking Service or Activity

Investing involves risk. There is always the potential of losing money when you invest in securities. Past performance does not guarantee future results. Asset allocation, rebalancing and diversification do not guarantee against risk in broadly declining markets.

Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.

This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other services. Additional information is available in our Client Relationship Summary. 

This material does not take into account a client’s particular investment objectives, financial situations, or needs and is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security or investment strategy. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other services. There are important differences between brokerage and investment advisory services, including the type of advice and assistance provided, the fees charged, and the rights and obligations of the parties. It is important to understand the differences, particularly when determining which service or services to select. For more information about these services and their differences, speak with your Merrill financial advisor.

Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (“BofA Corp.”). MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp.

Merrill Private Wealth Management is a division of MLPF&S that offers a broad array of personalized wealth management products and services. Both brokerage and investment advisory services (including financial planning) are offered by the Private Wealth Advisors through MLPF&S. The nature and degree of advice and assistance provided, the fees charged, and client rights and Merrill’s obligations will differ among these services. Investments involve risk, including the possible loss of principal investment.

The banking, credit and trust services sold by the Private Wealth Advisors are offered by licensed banks and trust companies, including Bank of America, N.A., Member FDIC, and other affiliated banks.

Trust, fiduciary and investment management services, including assets managed by the Specialty Asset Management team, are provided by Bank of America, N.A., Member FDIC and wholly owned subsidiary of Bank of America Corporation (“BofA Corp.”), and its agents.

Bank of America Private Bank is a division of Bank of America, N.A.

U.S. Trust Company of Delaware is a wholly owned subsidiary of Bank of America Corporation.

Insurance and annuity products are offered through Merrill Lynch Life Agency Inc., a licensed insurance agency and wholly owned subsidiary of Bank of America Corporation.

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