barronsonline JMHO, BofA is shite. Crap senior management, earnings rely on interest rate, no real management strategy. Acquisition of ML a disaster. Low employee morale. Only hope is to spin out ML then spin wealth management to create value for shareholders. Bring back Lewis/McColl.
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Markets Right Now: Stocks slip on economic growth worriesThe latest on developments in financial markets (all times local): 9:35 a.m. Stocks are slipping on Wall Street amid new signs the global economy is slowing. China said its economy is growing at the slowest pace in nearly three decades. The International Monetary Fund on Tuesday cut... How many times have we seen the global economy slow down to a bearish crawl and pick up its pace to that of a charging bull in the past 5 weeks? Does anybody really know what they’re talking about when they try to tell us what’s coming in ‘19? Yum not really
Source: ABC - 🏆 471. / 51 Read more »
Stocks vulnerable to 3 to 5 percent pullback, Wall Street bull Jeff Saut saysRaymond James' Jeffrey Saut suggests seizing the next pullback to add stock market exposure. Stop! With the bad news. Your loyal shorts are trapped and will not have another chance to get out. Your news outlet is discredited ! MariaBartiromo jimcramer cvpayne Varneyco dwyerstrategy Churning. What a brave take. Any reduction in price could be seen as an 'opportunity'.... if you've got the stones to potentially watch your new baby drop more.
Source: CNBC - 🏆 12. / 72 Read more »
Only China can save earnings for Wall Street (and the world): Bank of AmericaOur call of the day comes at the end of a short, and not sweet, week for stocks as growth worries and shutdown woes linger. China is the only thing that can save a global earnings recession, says Bank of America.
Source: MarketWatch - 🏆 3. / 97 Read more »
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 »
Deutsche Bank shares slip on reports of Fed investigation over Danske Bank scandalShares in Deutsche Bank fell more than 1 percent in early trading on reports that the U.S. Federal Reserve is investigating the German lender's role in a money laundering scheme.
Source: CNBC - 🏆 12. / 72 Read more »
Wall Street opens lower on global growth worriesU.S. stocks opened lower on Tuesday after rallying for four straight weeks, as f... There's no longer a global economy, under realDonaldTrump. Imagine if we could invest in honest conversation instead of tech 🤷♀️
Source: Reuters - 🏆 2. / 97 Read more »