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The Senate’s passing of a $1.2 trillion infrastructure package on Tuesday, Aug. 10, sets the stage to add around $550 billion in new spending. According to a Bank of America Global Research ...
Investor allocations to U.S. equities has hit a record high this month, at the expense of European stocks, commodities and cash, according to a December survey from BofA Global Research. This ...
U.S. economic output has contracted for the last two quarters, though a new report from economists at Bank of America (BofA) Global Research explains why this back-to-back drop in GDP is not going ...
The group was also named No. 2 in the 2012 Institutional Investor All-America Fixed Income survey; and No. 3 in the 2013 All-Europe Fixed Income Research survey. Additionally, BofA Merrill Lynch ...
In a research note released to reporters on Monday, BofA's economics team led by Claudio Irigoyen projected the US economy will grow at an annualized rate of 2.4% in 2025, higher than current ...
But we at BofA Global Research are more sanguine. Profits have begun to recover in the third quarter of this year for companies in the S&P 500, and we expect continued earnings growth into 2024. Why?
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Bank of America also said that "still-crowded mega caps," which have borne the brunt of 2022's equity rout, may stunt the gains of the majority of companies in the index. BofA's work showed that ...