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With unexpectedly strong economic data and investors’ AI enthusiasm driving the S&P 500 32% higher over the past 12 months, some experts are worried that the stock market is in a bubble. Bank of ...
Traders should look to avoid risks and hide in safe dividend stocks as the market faces rising uncertainty, Bank of America chief equity strategist Savita Subramanian said. "You want to be in safe ...
November 21, 2023 at 4:01 PM. The stock market has had a stellar run in 2023, and the equity strategy team at Bank of America expects another strong year in 2024 will send the S&P 500 (^GSPC) to a ...
BofA Securities, Inc., [1] previously Bank of America Merrill Lynch (BAML), is an American multinational investment banking division under the auspices of Bank of America. It is not to be confused with Merrill, the stock brokerage and trading platform subsidiary of Bank of America. It provides services in mergers and acquisitions, equity and ...
Bank of America’s economists also noted that total credit card debt amounted to just 5.5% of Americans’ disposable income in the second quarter, compared to 5.7% in the fourth quarter of 2019.
Bank of America Corporation (NYSE:BAC) shares are climbing as the company announces a bold wage hike, driving its minimum hourly rate to $24 and edging closer to a $25 goal by 2025. “Providing a ...
Warren Buffett's Berkshire Hathaway (BRK-A, BRK-B) surpassed a market cap of $1 trillion for the first time on Wednesday as it continues to sell some holdings in Bank of America ().Berkshire is ...
Bank of America’s head of U.S. equity and quantitative strategy notes that only four out of 10 bull market peak indicators are flashing warning signs.