BAML: Here Is How To Capture Global Equity Upside With “Minimal Risk”

How should investors chase global equity upside without exposing themselves to the risk of an aggressive market selloff? That’s the topic of the latest research report from Bank of America’s Global Equity Derivatives team. 2017 was a year of positive and accelerating momentum for the global economy, and it is already looking as if momentum will continue into 2018. The data have been firm with some reports exceeding expectations for US economic growth, sending the Bloomberg economic data surprise index to a historic high. Meanwhile, the earnings season has gotten off to a good start with analysts revising targets substantially higher. [buffett] US Valuations…