AHA: U.S. Poised to Grow in 2012

B of A chief strategist says "It's D.C. that keeps me up at night," at Treasury & Risk's annual conference.

Despite concerns about a double-dip recession, the U.S. economy is likely to achieve 2.5% growth in the next year, says Joseph Quinlan, chief market strategist at Bank of America Merrill Lynch. He argues that inflation is unlikely unless countries follow through on threats to erect trade barriers.

Quinlan notes that the U.S. is still the largest exporter globally, exporting $178 billion in goods and services monthly—more than most other countries export in a year.


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