FXStreet (Guatemala) - Analysts at Bank of America Merrill Lynch explained the Fed's "print & regulate" mantra has boosted Wall St.



"The longer it takes for growth and rates to normalize, the greater the risk of speculative credit excesses (and a policy response to curb speculation)”.



“Our base case remains higher growth/yields/$. Bank lending & small business confidence hint at H2 macro & rate normalization”.



“If so, expect an autumn correction in risk assets (hence "I'm so bullish, I'm bearish"). Either way, volatility will rise”.



Investopedia makes you smarter.
Sign up for the News to Use newsletter for the latest in expert analysis, market insights and news.