Should Investors With Bank of America Ride the Wave?

Bank of America (NYSE: BAC) reported a robust quarter to end of 2019. The top-and bottom-line outcomes surpassed Wall Street forecasts of $22.5 billion in revenue, $150 million more than analyst projections, and $0.74 per share of EPS, which beat estimates by $0.06.

CEO Brian Moynihan n...

U.S. economic growth likely to see a further downturn

NEW YORK, Dec. 12 (Xinhua)— U.S. economic growth is likely to see a further downturn in 2020 amid relatively strong fundamentals, as trade tensions persist between the U.S. and its major trading partners, and the nation is entering the election year, analysts said.

According to th...

Moody's demote of India's position is flawed, as stated by Mark Mobius

Moody’s choice to demote India’s rankings outlook was flawed as mentioned by Mark Mobius, an investor in veteran growing markets

Mobius, who has been optimistic about India for a long time, stated he does not approve the evaluation agency’s observations and forecast th...

The first dollar bond was planned to be issued by Abu Dhabi

Abu Dhabi plans to issue US dollar-named securities this year, three sources acquainted with the issue stated, its first since 2017, as the oil-rich emirate looks to exploit low rates to offset the effect of falling oil costs. The legislature has refreshed its bond program documentation and plans...