Bank of America (BAC) it just waved a not-so-subtle red flag for bond market investors and anyone with a position in the stock market. In a new Flow Show note, Chief Equity Strategist Michael Hartnett argued that “anything but bonds” is here and that the traditional safety trade has failed. Setting out his reasoning briefly, … Read more
Brian Moynihan issued a grim warning about stablecoins. During a Jan. 15 earnings call, Bank of America’s CEO told analysts that as much as $6 trillion in deposits could migrate out of the U.S. banking system into stable currencies, about 30 percent to 35 percent of all U.S. commercial bank deposits. Moynihan attributed the projection … Read more
Yahoo Finance View: Bank of America is a good addition to your short list of lenders for several reasons, including closing costs and down payment assistance available to eligible homebuyers. It is also one of the the best mortgage refinance lenders available. Bank of America is known for its commercial, industrial and investment banking prowess. … Read more
It’s no secret that tariffs, trade wars, and talk of recession have dominated the economic conversation over the past year. Heading into 2026, however, The CEO of Bank of America don’t panic. In an interview on CBS News’ “Face the Nation with Margaret Brennan,” Brian Moynihan made a much quieter, counterintuitive argument that tariff-induced shock … Read more
Photo by Astrid Stawiarz/Getty Images Palantir (PLTR) trades at 552 times trailing earnings and 175 times forward earnings. Bank of America has set a price target of $255. Michael Burry bought $9.2 million in Palantir put options at a $50 strike price expiring in 2027. Palantir maintains a free cash flow margin of 50%, with … Read more