Bank of America Strategy Shift
Bank of America warns on equity sentiment, forecasts yen appreciation, and expands Australian mining M&A operations in a broad strategic pivot.
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- ALERTBank of America warns record bullishness signals retreat from risk assets
Strategists cite extreme positioning as a contrarian signal to rotate out of equities, marking a sharp pivot from recent momentum-buying advice.
Afr - AHEADBank of America forecasts 6% yen rally by year-end
The US lender’s bullish outlook on the Japanese currency signals a potential shift in FX sentiment, challenging the yen’s recent weakness against the dollar.
Afr - UPDATEBank of America opens Perth office to capture Australian mining M&A
The Wall Street lender expands its natural resources investment banking footprint in Australia, adding to a global push for deal flow in Paris and beyond.
Afr