Tuesday
July 12, 2022
Dickson Buchanan Jr.
Merrill Lynch Includes Gold in their FAANG 2.0 Investment Thesis
Every week Merrill Lynch publishes a Capital Market Outlook Letter. The letters provide market commentary, research and analysis, and the occasional investment idea. Merrill Lynch (together with parent Bank of America) is the third largest brokerage firm, managing over $3 Trillion in client assets[1]. When a firm of that size speaks up, you should listen.
Starting around March of this year, they disclosed an investment thesis called FAANG 2.0. It’s a fascinating idea and gold plays a prominent role. Let’s unpack it.
Read it all HERE