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Bank of America names new investment bank operating chief: memoMike Joo, Bank of America Corp's head of global rates and currencies origin... Co-heads seldom work so pick a leader of global investment banking. Jack MacDonald or Thomas Sheehan.
Source: Reuters - 🏆 2. / 97 Read more »
The stock market's death cross is particularly bad news this time around, Bank of America saysA death cross forming in the S&P 500 is never a welcome development. But the current death cross is notably negative, the bank says. Helloooooo depreciation of the US dollar 🙃
Source: BusinessInsider - 🏆 729. / 51 Read more »
A Bank of America currency chart shows how the stock market rally still has legsBank of America-Merrill Lynch's Paul Ciana uses a currency chart to show the broad market's 'risk on' rally has legs.
Source: CNBC - 🏆 12. / 72 Read more »
Bank of America sees market decline next year: 'There is now an alternative to stocks'There is a good chance stocks stall out next year as credit conditions tighten and earnings growth slows, according to Bank of America Merrill Lynch. 'It determines what it digests (Earnings).' Earnings CNBC FoxBusiness Bloomberg Tax cut is starting to fizzle and we are finally learning that was the only reason for the temporarily hot economy?
Source: CNBC - 🏆 12. / 72 Read more »
Stay bearish because the ‘Big Low’ for stocks hasn’t arrived yet, says Bank of AmericaOur call of the day says it’s not the time to go fishing for cheap stocks. That’s because investors are still way too bullish. They must not follow 🤔 hahahahahahahahahahahahahahahahahahaha
Source: MarketWatch - 🏆 3. / 97 Read more »
Hedge fund managers are betting big against these 12 stocks, Bank of America saysAround 85% of short interest in stocks is from hedge funds, according to Bank of America Merrill Lynch.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Bank of America is set to report fourth-quarter earnings — here's what Wall Street expectsBank of America is scheduled to report fourth-quarter earnings later on Wednesday. Here is what Wall Street analysts are expecting from the banking giant. Ok
Source: CNBC - 🏆 12. / 72 Read more »