Bank of America

Cash allocations may have fallen, but they remain well above historical averages

Some analysts fear price growth will remain elevated at 4-5 per cent for a prolonged period, necessitating higher interest rates

Despite last year’s rise in the dollar, the US also underperformed in 2022

Investors especially reluctant to buy US stocks while angst regarding Europe continues to recede

Iseq advances to levels last seen nearly a year ago

Bank of America, Citigroup and JP Morgan Chase all increase bad loan provisions

Wild Geese, Martina Slowey, London

Anne Finucane (70) will leave her post at the end of the month and will be replaced by Paul Donofrio (62)

Cash levels have fallen but they remain much higher than usual

Variability in forecasts between banks and even between best/worst scenarios within banks is wider than usual, underlining uncertainty

The Iseq index of Irish shares again closed marginally lower on Tuesday

Investors are especially wary of technology stocks, with allocations hitting their lowest level since 2006

Energy shock and tightening credit conditions expected to hit growth momentum, Bank of America survey finds

Bank of America reports strong inflows into stock investment

Investment bank revenue plunges almost by half but bank’s traders beat expectations

Wall Street will signal its concerns about the US economy in Q3 earnings next week

Euro zone stocks are a no-go area, with allocations hitting their lowest reading on record

Rebound from June’s lows was likely a bear market rally, so there could be plenty more turbulence ahead

Rally over the last two months may have further room to run

There’s a disconnect between investor sentiment and behaviour at a time when market could still have a long way to fall

Cash levels are higher even than in the aftermath of the Lehman Brothers collapse

European recession now expected by 86% of global investors – Bank of America

The fetishisation of stars can glorify incompetent bullies while ignoring the work of organisations and teams

Bank of America notes most indicators are at levels suggesting investor capitulation

Even if stocks rally now, it’s unlikely to last as all the indicators have turned negative

European shares finish difficult week with a gain

Bank of America Global Research note reiterates ‘buy’ ratings for the two Irish banks

Issues of war, epidemics and climate and global food crises need to be addressed by delegates

Some 77% of fund managers expect slow growth and high inflation, survey finds

Long-term investors have no choice but to be patient

Accounts show bank’s revenues increased by 13% from $1.76bn to $1.99bn

Despite plunging global growth and profit expectations, investors actually got slightly more bullish on stocks

Regulator had wanted Irish banks to ringfence 1% of their risk-weighted assets as a buffer

Company secures new building in Leopardstown for new EMEA headquarters

Iseq boosted by banks and building stocks

Joe Brennan: Its big pitch to investors when refloating was €3bn over-capitalisation

76,000sq ft of grade A accommodation on offer in Building G at Central Park campus

Cash holdings have spiked to recessionary levels but investors still haven’t fled market

For now, Barclays reckons a European recession remains unlikely

Markets have endured a difficult 2022, but there are no indicators of a market bottom