The world's biggest economies are seeing a "decoupling," Bank of America says.
The US is showing surprising resilience, European growth is weak, and China is faltering.
Global stocks have reflected the shifting tides in trade and supply chains.
The biggest players in the global economy are on different trajectories, and markets around the world are reflecting the shifting landscape.
In Bank of America's view, the US economy continues to show remarkable resilience, European growth has faltered, and China faces the most challenging outlook amid real estate woes, deflation, and demographic headwinds.
"Signs of decoupling are present in global growth, trade, and equity markets," Bank of America strategists wrote in a Friday note. READ MORE...
