View of the New York Stock Exchange at Wall Street on Nov. 16, 2020 in New York City.
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Bank of America’s top equity strategist defended her cautious view on the stock market for next year on Tuesday, saying that the benefits of an economic recovery are largely priced in to stocks
Savita Subramanian, the bank’s head of U.S. equity and quantitative strategy, said on CNBC’s “Squawk Box” that the risks to the market are “skewed to the downside.”
Originally published at CNBC