America's 34 largest banks have all passed the first stage of the Federal Reserve's annual stress tests, meaning they would have enough capital to meet regulatory requirements during a severe.. City A.M.
Mexico’s central bank raised borrowing costs for a seventh straight time as the *country’s annual inflation rate more than doubled since September*. The hike was expected by all but one of 27.. Zero Hedge
Jun.21 -- Michael Cuggino, portfolio manager of permanent portfolio family of funds at Pacific Heights Asset Management, and Marc Pouey, U.S. equity and quant strategist at Bank of America Merrill.. Source: Bloomberg Technology -
Apr.20 -- Francisco Blanch, Bank of America Merrill Lynch head of global commodities and derivatives research, discusses the outlook for iron ore and gold market. He speaks with Bloomberg's Alix Steel.. Source: Bloomberg Politics -
Apr.20 -- Francisco Blanch, Bank of America Merrill Lynch head of global commodities and derivatives research, discusses the oil market and possible impact from the coming elections in France. He.. Source: Bloomberg Global Business -
Earnings took center stage again with a disappointment from IBM and a better-than-expected performance from Morgan Stanley dividing markets. The Dow fell for its second day in a row. Morgan Stanley.. Source: The Street -
Aditya Bhasin, Bank of America’s head of consumer and wealth management technology, talked about new technologies and capabilities the bank is developing during a conference Wednesday in Charlotte. bizjournals
There’s more policy tightening ahead for China as authorities step up efforts to rein in the shadow banking sector, according to the chief Greater China economist at Bank of America Merrill Lynch.. S.China Morning Post
As global central bank exuberance suppresses equity volatility, *emerging markets are catching up (or down)*.
*Expected uncertainty in Emerging Market Equities has never been lower*... (in fact EEM.. Zero Hedge
The peaking of China's nominal growth cycle should lead Australian investors to favour defensive, locally-focused sectors, according to Bank of America Merrill Lynch. Brisbane Times Also reported by •Sydney Morning Herald •The Age
Word on the street is that ZIRP (zero-interest-rate policy) is coming to an end. And Bank of America Merrill Lynch is telling the Trump team to limber up.
The post The ‘Truth’ about Trump.. The Daily Reckoning AUS