Hints and tips:
...Between its private bank and Merrill Lynch wealth management arm, Bank of America’s financial advisers oversee nearly $3tn in assets....
...That decline has come while a Bank of America Merrill Lynch survey has found that 62 per cent of fund managers believe the chance of the UK dropping out of the EU without a deal is increasing, even though...
...There is Emily, daughter of Rawls’ owner, the planter Bob Reid, whose childhood games are unthinkingly cruel whether baiting her dog or terrorising Rawls....
...Some large banks, including Goldman Sachs and Bank of America Merrill Lynch, have sought to reduce working hours....
...“The last couple of days are perhaps a taster of what might actually happen when yields properly normalise rather than simply selling off a bit,” said Jim Reid, strategist at Deutsche Bank....
...At today’s yield it would take more than half a century, according to Bank of America Merrill Lynch....
...Ireland Reid, an engineer who works for the US military in California, is here in a black catsuit....
...But rather than a honeymoon period that will fizzle out, as some have suggested, Bank of America Merrill Lynch says this is only the start....
...The programme could “herald explosive credit market growth in Europe” Barnaby Martin, head of European credit at Bank of America Merrill Lynch said recently....
...The average euro investment grade corporate bond now yields less than 1 per cent, while bonds rated A-AAA with maturities up to 10-years yield on average minus 0.2 per cent, according to Bank of America Merrill...
...The programme could “herald explosive credit market growth in Europe”, according to Barnaby Martin, head of European credit at Bank of America Merrill Lynch....
...Michael Hanson, US economist at BofA-Merrill Lynch, said that, more generally, the market had repriced higher the path of Fed policy rates....
...Bank of America Merrill Lynch even bemoaned oil’s 90 per cent intraday correlation with equities and bonds as “too extreme for reality”....
...“Not only did [the ECB] disappoint, but they gave no indication that they were on the brink of doing more in the first quarter of 2016,” said Jim Reid, macro strategist at Deutsche Bank....
...“This essentially cancels out the second-quarter miss,” said Alexander Lin, US economist at Bank of America Merrill Lynch....
...“One doesn’t want to overstate the importance of one number but it certainly does help our longstanding view that the Fed will struggle to raise rates in 2015,” said Jim Reid, macro strategist at Deutsche...
...ECB finally printing money to buy sovereign debt, financial markets are likely pricing in the ultimate consequences of such divergent monetary policies,” said Hans Mikkelsen, credit strategist at BofA-Merrill...
...Michael Hanson, US economist at BofA-Merrill Lynch, said Ms Yellen had shifted attention squarely to inflation from labour market conditions as the main determinant of when interest rate “lift-off” might...
...Withdrawals from high-yield bond funds reached $4.8bn this week, according to a closely watched survey from Bank of America Merrill Lynch, based on data from EPFR Global....
...quantitative easing and therefore bad news can actually be bad news for markets, rather than in more recent times when bad news was often good news due to the extended liquidity it might bring,” said Jim Reid...
...Meanwhile, Gustavo Reis, economist at BofA-Merrill Lynch, warned that investors still appeared to be underestimating the potential impact of recent events....
...“One difference between now and June is that China has seemingly got a bit more growth momentum than it did back then,” wrote Jim Reid, strategist at Deutsche Bank....
...says Michael Hartnett, chief investment strategist at Bank of America Merrill Lynch....
...Ralph Axel, interest rates strategist at Bank of America Merrill Lynch, took up the metaphor in a note to clients....
...Deutsche’s Mr Reid also “wouldn’t give up on equities”, arguing we are in for a period of higher inflation, which will be worse for bonds than equities....
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