Wall Street fund managers are piling back into equities, even as the economic backdrop turns shakier. Bank of America's latest Global Fund Manager Survey, released Tuesday, showed global equity allocations for September rose to a seven-month high while average cash balances held steady at just 3.9% for the third straight month — a level that often signals caution as investors run short on dry powder. Still, BofA strategist Michael Hartnett noted sentiment hasn't tipped into full-blown euphoria. That woul ...

Bank of America’s mortgage-backed securities (MBS) research team tackled the question of when U.S. mortgage rates could come down. President Donald Trump has been pressuring the Federal Reserve for much of 2025 to cut interest rates, even as Fed chair Jerome Powell cites rising inflation related to tariff policy and macroeconomic uncertainty as a reason to be careful. But mortgage rates remain elevated above 6%, freezing activity in the housing market that enjoyed a tremendous boom during the pandemic than ...

RBC capital markets co-head of global financials research Gerard Cassidy joins us here at Post 9. Uh Gerard, you know they are trading at a book to tangible uh to price to tangible book value of around two times now which is a lot higher than at least I can remember recently. Why isn't that a concern to you in terms of your belief that they can continue to outperform.David, it's it is a higher valuation that we're than we're accustomed to, but I always go back to the early part of 2018 when we had a cyclica ...

Accessibility StatementSkip Navigation CHARLOTTE, N.C., Sept. 16, 2025 /PRNewswire/ -- Bank of America today announced that the company has been ranked the number one small business lender across the U.S. for the 17 consecutive quarter, according to the Federal Deposit Insurance Corporation (FDIC). The FDIC publishes quarterly data on U.S.-based business loan balances for original loan amounts up to $1 million. Based on which, Bank of America has maintained this industry leadership position for more than 4 ...

Bank of America Corporation (NYSE:BAC) is included among the 13 Best Consistent Dividend Stocks to Buy Now. Dividend Growth in the Banking Sector: Bank of America (BAC)'s Path to Consistent Dividends Bank of America Corporation (NYSE:BAC) stands out as a leading financial services company, largely due to the diversity of its operations. It serves consumers, small businesses, corporations, and investors through banking, capital markets, and wealth management. This broad reach helps balance performance, as ...

PresentationWe're playing on home ground really. So a warm welcome to our own group CFO, Alastair Borthwick. Alastair, it's always a pleasure to have you with us.Antonio RealeBofA Securities, Research Division It's our 30-year anniversary so this conference in Europe has been going on for 30 years so that's a legacy. We are seeing a big increase in terms of participation from U.S. investors, 35% versus last year, and we've seen, of course, a big increase in global money coming into Europe. And so I think gi ...

据追风交易台消息，根据美国银行策略师Michael Hartnett发布的最新全球基金经理调查报告，基金经理的现金头寸连续第三个月维持在3.9%的低位， 而股票配置净增持比例达到七个月高点。 市场风险偏好也发生了明显转变。曾被视为头号风险的"贸易战引发全球衰退"担忧已大幅减弱，其关注度从8月的29%骤降至12%。取而代之的是，"第 二波通胀"成为基金经理们最担忧的尾部风险。对经济增长的看法出现了近一年来最强劲的好转，目前仅有净16%的投资者预计未来经济将走弱。 全球股市的涨势短期内或将延续。美国银行的一项最新调查显示，投资者情绪已达到自2025年2月以来的最乐观水平，其背后是全球经济增长预期的显 著回升和对大幅降息的押注。 Hartnett认为，由于对"衰退性贸易战"的担忧减弱，市场上的"牛市拥护者比比皆是"。同时，从仓位来看，尽管股票配置已升至七个月高位，但并未达 到"极端"拥挤的程度，暗示着资金仍有进一步流入的空间，从而支撑股市继续上行。AI带来的生产力提升预期也为企业盈利前景提供了支撑，调查中 约半数参与者表示，人工智能已在提升生产力。 这一转变伴随着对美联储宽松政策的强烈预期。调查显示，近半数（47% ...

智通财经APP获悉，美国银行策略师迈克尔·哈特尼特(Michael Hartnett)表示，随着市场对经济增长的预 期大幅提升，股市多头仍牢牢掌控局面，全球股市或进一步走高。 不过总体而言，在企业盈利表现强劲的支撑下，预测机构对年底前股市进一步上涨仍持乐观态度。美国 银行调查中约半数受访者表示，人工智能已在提升生产效率方面发挥作用。 本次调查于9月5日至11日开展，涵盖165位受访者(管理资产规模合计4,260亿美元)，其他关键发现如 下： - 现金持有率连续第三个月维持在3.9% - 净15%的投资者采取"低于正常水平"的风险策略，较8月的净19%有所改善 - 约39%的受访者希望企业增加资本支出，这一比例为去年12月以来最高;仅27%的受访者希望企业聚焦 资产负债表优化，为2022年2月以来最低 美国银行最新调查显示，全球基金经理中净28%的受访者对股票持超配态度，这一比例达到七个月以来 的最高水平。哈特尼特指出，市场对经济增长的看法出现近一年来最显著的改善——目前仅净16%的投 资者认为经济将走弱。 这位策略师在报告中写道，随着"衰退性贸易战"风险逐渐消退，市场"多头遍地";他进一步补充，当前 股票持仓 ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bank of America strategist Michael Hartnett has voiced concerns about a possible bubble in the AI stock market. This comes in light of valuation metrics reaching historic highs. Hartnett has pointed out the S&P 500’s price-to-book ratio, which is a valuation measure comparing the total market cap of the index’s constituents to their total assets minus liabilities. As of August, this ratio hit a record high ...

What do the world’s wealthiest clients need most? Well, a loan, of course. Merrill Lynch announced it was launching a new credit unit last week that will offer custom lending and loan management to high- and ultra-high net worth clients and their advisors. The firm’s lending platform has surpassed $10 billion in loan originations in under two years, and the private bank sees opportunity ahead with providing credit to the uber wealthy. “It also allows them to further diversify their wealth and take advant ...