Selling stocks before the year's end to offset taxes on gains and income has been popular for decades. Bank of America Merrill Lynch analysts combed through the stocks they still think are good buys, but have lost steam this year, to see which might be a good idea to sell in order to lower your tax bill. Financial markets have had a spectacular year. Show More Summary
DO TELL: The Great College Loan Swindle: How universities, banks and the government turned student debt into America’s next financial black hole. If only someone, somewhere, had provided some sort of warning.
And Bank of America has had enough.
Bank of America Merrill Lynch's fund manager survey shows that a record number of participants are taking on higher-than-normal levels of risk. A large number of investors acknowledge that markets are overvalued, while cash levels are...Show More Summary
The latest monthly Fund Manager Survey by Bank of America confirmed what recent market actions have already demonstrated, namely that, as BofA Chief Investment Strategist Michael Hartnett explained, there is a "big market convictionShow More Summary
In a whimsical, 100+ page report, meant to literally drum up interest in investing in an entirely new frontier, Bank of America tries to address the untapped "space" opportunity from the perspective investors. The Primer "sets out the...Show More Summary
Manoj Narang, who launched quant hedge fund MANA Partners earlier this year, has launched a subsidiary that's developing financial products based on trading data. Bank of America is using the firm's simulating tool to test its algorithms...Show More Summary
Bank ETFs---stocks like Bank of America and Wells Fargo--are falling today on concerns that Republicans could be reaching an impasse on tax reform.
The third quarter of the year saw debt origination volumes swell further from the already elevated levels seen in the first half of 2017, and this in turn boosted debt origination fees across the industry to over $11.6 billion for the period.
Native American activist Dennis Banks, who died Oct. 29 at 80, leaves behind a legacy that includes a reenergized movement that reminded America of its original sins of genocide and deceit, as Dennis J Bernstein deports By Dennis J Bernstein…Read more ?
Bank of America Merrill Lynch says traders are continuing to misprice how quickly rates are going to rise. The firm recommends going long the US dollar and hedging against stock declines in the face of higher interest rates. Investors are underestimating how quickly the economy is growing. Show More Summary
Federal Reserve Chair Janet L. Yellen earned widespread approval for her term at the helm of the U.S. central bank, a singularly powerful job in the global economy. On her watch, unemployment fell sharply — reaching 4.1 percent in October, the lowest point since 2000, the government reported Friday. Inflation stayed subdued, wages began to rise, and she […]
THE wait is over. On November 2nd Donald Trump announced that he will nominate Jerome Powell, a former investment banker and current Federal Reserve governor, as the next chairman of America’s central bank.
Bank of America announces that the company will provide grant funding to 21 major art restoration projects in six countries, through the 2017 Bank of America Art Conservation Project. A selection of the historically and culturally significant...Show More Summary
Authored by Chris Whalen via The Institutional Risk Analyst, During our travels over the past two weeks, we tried to keep up with the financial press, particularly the growing sense of unease felt by many observers with the relentless rise of valuations for equities and other asset classes engineered by the Fed and major central banks. Show More Summary
Out of all the most appealing areas of the US stock market, Bank of America Merrill Lynch identifies biotech as the No. 1 option. The firm likes biotech's ideal combination of relatively cheap valuation, high expected growth and considerable...Show More Summary
Stocks are opening mostly lower as healthcare companies continued to decline and banks slipped along with interest rates. Big drug makers fell Monday morning. Merck slid 5%, and Pfizer lost 1%. Bank of America lost 0.7% and Comerica shed 1% as banks and financial companies skidded. Technology companies...
Bank of America’s Cathy Bessant says it helped her integrate business and technology.
Bank of America has sent out emails with a nice offer for Apple Pay users. The offer is probably targeted.
Bitcoin presents a $1.6 billion revenue opportunity for exchanges, according to a wide-ranging report on cryptocurrencies by Bank of America Merrill Lynch. Cboe, a first mover in cryptocurrencies among exchanges, appears the best positioned...Show More Summary