Forbes (March 4)
“The bitcoin price has topped $60,000 per bitcoin, making it a $1 trillion asset again,” reigniting concerns of possible fallout on the economy should its price tumble. Still, the wind appears to be with bitcoin. “Bank of America analysts have warned the U.S. debt load is about to ramp up to add $1 trillion every 100 days—fueling a bitcoin price surge.”
Tags: $1 trillion, $60k, 100 days, Analysts, Asset, Bitcoin, BoA, Concerns, Debt load, Economy, Fallout, Reigniting, Tumble, U.S.
Financial Times (January 17)
Next week at Davos, “representatives of the Big Four accounting firms… are scheduled to meet Bank of America chief executive Brian Moynihan and other corporate leaders to thrash out green audit standards. Their decisions could be a crucial for the next wave of green reform as any eye-catching speech by Ms. Thunberg, since they will help direct capital flows.”
Tags: Big Four, BoA, Capital flows, Davos, Green audit standards, Leaders, Moynihan, Thunberg
Barron’s (November 20)
According to Bank of America Merrill Lynch’s Ajay Kapur, “Asian and emerging markets could easily double over the next two years or so…. It is really earnings that are driving Asian markets. Global growth is not that strong, but it is pervasive. Of the 38 countries from which we get purchasing-managers index information, 87% are above 50, which means they are expanding. That’s the highest since 2011.”
Tags: Asia, BoA, Earnings, Emerging markets, Expanding, Global growth, Kapur, Merrill Lynch, PMI
