"Our research team is the best in the business and they have moved to the soft landing category. They have a slowdown in the economy in the middle of next year."

Bank of America CEO Brian Moynihan commenting in a wide-ranging interview at the Reuters NEXT conference. He added that the Federal Reserve may hike interest rates one more time although it is not a certainty, while expectations are that rates will come down in the second half of next year. Read the article "BofA CEO Moynihan Says U.S. Economy Headed for Soft Landing."