BofA Strategist Says UK Is ‘Stagflationary Sick Man of Europe’
- Strategists list reasons why UK is so unappealing to investors
- UK stock indexes among weakest in developed markets in 2023
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Bank of America Corp. strategists characterized the UK as the “stagflationary sick man of Europe” as they listed reasons why the country is so unappealing to investors.
“Heard anyone say anything good about the UK recently? No, nor have we,” BofA chief investment strategist Michael Hartnett wrote in a note.