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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 »
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 »
P&G shares will keep outperforming volatile market as investors 'seek stability': Bank of AmericaProcter & Gamble was upgraded by Bank of America Merrill Lynch on Thursday to buy from neutral. P&G is going to be another company under the criminal microscope. Right after they get done with google and the Clintons
Source: CNBC - 🏆 12. / 72 Read more »
Deepening bear market could last 6 months, Bank of America chief saysBanking strategists said U.S. stocks were heading into deep bear market territory as the S&P 500 and Dow Jones both continued a more than 20 percent descent from recent record highs. as long as there is a liquid market, traders with a complete trading plan do not care what kind of market it is. up, down, or sideways. bring it on.
Source: Newsweek - 🏆 468. / 52 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 CEO: People with this skill will be successful in the future job marketPeople with this skill will be successful in the future job market, according to Bank of America's CEO. via CNBCMakeIt MakeIt yeah a business degree from Harvard, Wharton, or Yale and rich parents = success. MakeIt Wow, landmark! Lol! It’s called critical thinking! I agree, not much of it in the world today. Twitter posts prove it 24/7. MakeIt Never stop reading, never stop learning, communicate effectively and always be open to change in the pursuit of improvement. Great advice.
Source: CNBC - 🏆 12. / 72 Read more »
'Just call it what it is': BofA's Stephen Suttmeier declares a bear marketBank of America-Merrill Lynch's Stephen Suttmeier doesn't see stock market relief until deep into 2019. I see sll of 2019 in a Bear market with no support until seeing SP passing thru 1970-2000 level. Cash is king. Long TVIX! I find it funny that the so called experts that couldn't predict what we have just gone through should be trusted to tell us what will happen. If these guys knew what the hell was going to happen they sure as hell wouldn't tell us. The bears know an Elephant Joke in the WH when they either hear or see it!
Source: CNBC - 🏆 12. / 72 Read more »