Despite the Fed's optimistic stance, BofA expressed skepticism that the central bank's efforts would suffice, forecasting ...
Wealth and investment management revenue climbed 8% to $5.8 billion and saw client balances jump 18% to $4.2 trillion thanks to rising market valuations and client flows.
"A sharply lower new-issuance calendar, peak yields, large redemption money and mutual funds inflows are all positive ...
BofA Securities' clients last week purchased U.S. equities at the fastest pace in nearly two years as the Federal Reserve decided to cut interest rates by 50 basis points, according to BofA Global ...
Bonds markets are reeling from the risk that the Fed won’t cut interest rates as ... A gauge of expected debt-market volatility, called the Ice BofA MOVE index, is now around its highest of ...
A total of 33% of respondents expect two Fed rate cuts in the next 12 months, 31% expect three cuts and 14% more than three reductions. Only 8% think the Fed will not cut rates at all over that ...
“Froth is on the rise” but BofA’s Bull & Bear Indicator is still ... Investors expect the Fed to cut rates by another 160 basis points on average over the next 12 months Most crowded trades ...
Hartnett favors buying the post-Fed dip in bonds and gold instead of caving to the pressure to chase the rally. Stocks at risk of a bubble after Fed’s jumbo rate cut, BofA strategist says ...
“We are focused more on repo versus fed funds for shifts in funding market dynamics and measures of reserve abundance/ampleness,” Bank of America strategists Mark Cabana and Katie Craig wrote ...
Savita Subramanian, BofA's head of US equity and strategy ... part of the appeal of value sectors is the high dividends they offer. As the Fed's cutting cycle pulls down short-term yields ...
BofA analysts said the US economy is "clearly overheating," particularly the labor market, as robust wage growth shows few signs of easing. The jobs data opens the door for the Fed to stay ...