Bank of America earnings fell in the first quarter of the year as a slowdown in global trade affected investment banking activity. The big US banks took advantage of the trading boom last year, as a result of the liquidity channeled into the capital markets by the Federal Reserve in order to mitigate the financial […]
Tag: Bank of America
BofA’s nightmare scenario for oil over $ 200
World Bank chief Francisco Blanch expects oil prices to jump to $ 150 a barrel by summer, and does not rule out a possible “bad scenario” in which European countries could exceed $ 200 a barrel. impose sanctions on Russian crude. In particular, speaking to Bloomberg Surveillance, the chief analyst at BofA said that “the […]
BofA: Investors are leaving the markets – Record cash positions, the big flight from the banks
Her Eleftherias Kourtali The Russia-Ukraine conflict dominates investor risk assessment, leading to a sharp drop in European growth expectations, with a third of the 341 investors in the Bank of America monthly survey seeing further negative effects on EU equities. , with almost half worried that they do not have adequate compensation. At the same […]
BofA: Three positives and three negatives for European stocks – Remains bearish but sees … light after sell-off
Her Eleftherias Kourtali Bank of America, while still far from becoming a “bull” for European stocks and maintaining its negative stance, acknowledges that after the sharp decline in recent weeks, the outlook is more balanced than it was in any point of the current year. On the positive side, as she points out in today’s […]
BofA: Against the climate, sees a strong sell-off in European stocks – Which stocks will beat the trend
Her Eleftherias Kourtali European stocks continue to strengthen significantly despite the slowdown in growth and rising real bond yields, BofA said. He explains that while growth has slowed sharply since mid-2021 and real bond yields have skyrocketed in response to the Fed’s sharp turnaround, stocks remain close to the highs recorded during the current uptrend […]
BofA: Omicron shock will last a total of two months – Then the pandemic will end and it will become an endemic disease
Her Eleftherias Kourtali With Omicron spreading rapidly, Bank of America is taking a broad, test look at its potential impact on the global economy. The three most important conclusions are: 1. A sharp up-down trend in cases is expected in most countries. According to BofA’s baseline scenario, the shock will last for about two months […]
BofA: Greek banks in the ‘bets’ of 2022
Her Eleftherias Kourtali Alpha Bank, Eurobank and National Bank are placed by Bank of America in the preferred shares for 2022 by the European banking sector in the emerging markets of Europe, the Middle East and Africa, due to the fact that their valuations are very pressured, something that is not is justified, as she […]
Bank of America ‘sees’ a ‘negative’ new year for the stock market
With the signs of excessive speculation and high valuations prevailing in the stock market, the current environment looks like a bubble at the end of its cycle and has many “similarities” with the dotcom crisis in 2000, Bank of America points out, predicting that 2022 will be a “negative” year for equities. “There are too […]
BofA: The situation of the pandemic in Greece is worrying
Her Eleftherias Kourtali The situation with the pandemic has become particularly worrying in Europe and especially in the eurozone countries, especially in some countries, including Greece, as noted by Bank of America in a new report, although at present it does not expect to Strict restrictive measures are again imposed and thus maintains its strong […]
BofA: Markets do not escape the strong sell-off – The 15 shares with brave dividends that ‘beat’ the bonds
Her Eleftherias Kourtali Bank of America maintains its negative position on European stocks, seeing a sell-off of 13% by the end of this year, for two main reasons. In this context, it identifies those stocks from the region of Europe that offer strong dividends and which will prove to be profitable and “safe” for investors […]
