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.
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 ...
"A sharply lower new-issuance calendar, peak yields, large redemption money and mutual funds inflows are all positive ...
Fed Funds Futures priced in a rate cutting cycle that would ... The index covers USD denominated, taxable bonds that are ...
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 ...
That's the question Aditya Bhave, U.S. economist at BofA Global, was raising after Friday's robust jobs report. "The data flow since the Fed's decision to cut by 50bp in September has been ...
“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 ...
The Fed acknowledged a clear shift from inflation reduction as ... The S&P 500® Index fell 6.1% from July 31 through August 5 ...
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 said its discussions with clients have quickly shifted from debating whether the Fed would cut by 25bp or 50bp in November to questioning if a rate cut is needed at all. Some are even speculating ...