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Bank of America Corporation (BAC-PP)

NYSE - NYSE Delayed price. Currency in USD
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18.50+0.17 (+0.93%)
At close: 03:58PM EDT
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  • P
    Perfect
    When it comes to investing,we want our money to grow with the highest rates of return,and the lowest risk possible.While there are no shortcuts to getting rich,but there are smart ways to go about it...
  • X
    Xiddi
    Energy Prices and transportation cost are impacting Wal_Mart, Target. Amazon, etc.. STOCK is Down Over 20% In a Single Day {"if you believe in the future then you will know that indeed Bitcoin is the future"}
  • B
    Belarus
    Not able to understand the reaction for yesterday and today. Everyone knew that the interest rates are going up by 50 basis points. Why the markets went up 3% after the FED announcement and then came down 5% the next day? Makes absolutely no sense. It looks like as if we got hit by something unexpected. One thing is sure the market will keep swinging wildly before it sets a direction.
  • L
    Linden
    Seems to be some confusion about rates. The fed will raise rates on the money it loans to banks. So, the banks in turn, raise the interest on what they'll pay on deposits as well as increase mortgage interest rates. The fed will raise rates in order to slow an overheating economy. It will slow housing sales, slow business loans, and increase credit card rates all to slow the economy and, slow inflation. It doesn't have anything to do with printing money. The amount of cash in the system is measured by "M2" and is out of control. The cause of this was pandemic checks, low unemployment, and the fed buying treasuries by printing money. This has all stopped. The fed is hoping the result will be to slow housing sales, slow the job market, and slow the economy overall.
  • M
    Michael
    Took a while for Biden and Democrat policies to take hold, but results are painfully here and clear. Reversal of prior administration's policies are on full display open borders, war posturing throughout the world, rampant inflation, supply chain disruptions, and tanking economy. BAC's recent record lows for the last year provide evidence that policies have been detrimental.
  • J
    John
    Soon as Russia surrenders gas prices will drop and the markets will raise.
  • m
    mario
    Here is something you should know - if someone on the internet says 'It's simple'
    it usually is not
    lolol
  • D
    Dave
    It should be clear to most by now that raising interest rates won't work. Here is why: as nearly everyone knows, interest rates were very low for a long time. Raising them a 3or 4 times will still keep them low enough not to attract people in huge numbers to the banks to open accounts. It will discourage many from taking mortgages loans etc because they have to pay more and the whole country is already strapped from out of control gas, oil and inflation costs and of course spending as well. Printing more money is insane too as it just adds fuel to the fire.
  • L
    Lionel
    Isn't Banks suppose to lead the way in a rising interest rates environment? Why aren't the banks moving up when they are predicting a bunch of rate hikes? Don't get it?
  • F
    Franklin
    All the talking heads on the business news want a recession. No recession in my area.
  • m
    mario
    I surprising bull market is emerging

    More jobs being created today than at any other time in history
  • D
    Dave
    If I didn't know better, I would say they want these sky high gas, oil prices etc in order to make people want to switch to electric vehicles and the "green raw....er new deal" The only problem is those programs would cost trillions that we don't have . We could then skip all the talk of recession and go right into a depression
  • m
    mario
    US Government should cease funding BIG OIL with tax abatements and such
  • L
    Linden
    Increasing rates and decreasing the amount of cash in the system WILL work to reduce inflation. That isn't a question but a fact. The unknown is that in the past, increasing rates has created a recession or "hard landing". This happens because the economy slows too much creating unemployment and a falling GDP. At present, the fed is trying to reduce rates enough to slow the economy but not so much that it creates a recession. Time will tell if that can be accomplished.
  • W
    William
    The BIg Joe economic recovery is pumping on all 12 cylinders! Stores are full with prosperous shoppers, and store shelves are full with abundant products! It's no wonder BAC and most other stocks are up! Congrats to all BAC stockholders, and too bad for the losers who sold at the lows! Better luck next time!
  • B
    Bing
    Everyone knew the markets and the economy would be challenged by the new administration, but not this bad.
  • F
    Franklin
    Go back and see who in the DC Swamp was short on Abbott Labs before the shutdown occurred.
  • m
    mario
    I do support America no matter what. They call that Patriotism.
  • W
    William
    I'm happy to see that BAC has a massive amount of branches in California, where the government is running a massive budget surplus ($97.5 billion budget surplus)! Unfortunately, BAC also has branches in Florida, which is running a massive budget deficit! However, that can be a good thing, because the low income folks in Florida still get checks from the government which they have to deposit in BAC branches!

    Let's hope that CA never wants to separate from the USA! We need you, California! Thanks!
  • k
    k
    When you invest how long you hold a stock has no input into whether you will make money or not. Take CSCO or INTC both are great companies , but if you purchased in 1999-2000 and over paid you are still under water still losing money and have been for over 22 years in the biggest bull market in history. PROOF that time can not even fix if you over pay for any company. The only thing that matters in investing is not over paying for any stock and time has nothing to do with whether you will make money or not , PROVEN for a FACT.