BullishMEDIUM severityRates & Fed3h ago
Never mind the bond yields, Bank of America shows where the real threat to the economy lies
Reported by MarketWatch · marketwatch.com ·
Diesel prices hit the real economy, says a Bank of America strategist who also offers an exchange-traded fund that has outperformed the market.
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What to watch: Rate relief reduces cost of capital — typically bullish for leveraged businesses and housing.
Latest session change: $BAC +0.70%
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