A higher proportion of investors consider the euro to be undervalued while sterling is now seen as overvalued by some, according to BofA’s November global fund manager survey.
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.
Fed Funds Futures priced in a rate cutting cycle that would ... The index covers USD denominated, taxable bonds that are ...
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 ...
“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 ...
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 ...
“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 ...
BofA also points out that the upcoming CPI report will be important for gauging market sentiment toward the Fed’s November meeting. While the market currently assigns a 16% chance of the Fed ...
BofA also points out that the upcoming CPI report will be important for gauging market sentiment toward the Fed’s November meeting. While the market currently assigns a 16% chance of the Fed holding ...