Investing.com — The rally in precious metals is no longer just about gold, as “silver and platinum close the gap to gold prices,” according to Bank of America (NYSE:BAC). The market for precious metals is broadening, the bank said in a note Friday. While gold hit an all-time high of $3,500/oz earlier this year, other
JPMorgan Chase and Bank of America say the US stock market’s recovery will likely be short-lived. JPMorgan’s trading team believes that the US stock market has a bit more upside potential in the near term amid the de-escalation of President Trump’s trade war, reports Bloomberg. But the firm warns that the true impact of Trump’s
Three of the largest banks in the US say one of the year’s best performing assets still has more room to run to the upside. Starting with Bank of America, head of metals research Michael Widmer says that while the precious gold may witness a short-term pullback after hitting a new record high of $3,085,
(Bloomberg) — The UK government should radically alter its approach to debt management and buy back long-dated bonds, according to researchers at Bank of America Corp. Most Read from Bloomberg The UK can ease debt pressure through selling much more short-dated debt, including bills, as well as buying back long-dated gilts that trade at a
The best banks for small business loans offer competitive loan options along with essential services like checking accounts, merchant services, and business credit cards. This guide highlights top banks and covers their loan offerings, banking products, and additional services, whether you need short-term working capital, long-term real estate loans, or a business line of credit.
By Harry Robertson LONDON (Reuters) – Investors poured $37 billion into cash-like money market funds (MMFs) in the week to Wednesday, Bank of America said on Friday, as they braced for the U.S. Federal Reserve to cut interest rates in September. It put MMFs on track for their biggest three-week cumulative inflow since January at