BofA's Moynihan on Loan Growth, Rates, Trading Business

Bank of America Chair and CEO Brian Moynihan discusses the bank's lending business, the outlook for Federal Reserve monetary policy and the state of the US consumer on "Wall Street Week."
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[@elenashiryaeva8229]

Tried this strat today. Went 10/2, thanks a lot i’m looking forward to using in the future🍍

[@Cassander314]

There’s a simple stroke to defeat the fed: convince every municipal and state government to drop all US treasuries, once you have that, you can start writing the rules

[@HorrorAlgorithm0x1337]

7:11 lol - BofA yields no more than 0.04% on savings accounts. Cost of funding? Zero.

[@Cassander314]

There are assets with more stable, and greater returns than US treasuries

[@Cassander314]

Once the big banks are all alone holding US treasuries with international investors, the house falls in PR

[@rickhayes-oh2zm]

who cares you don't have to do anything./ You get bailed out until bail outs won't work

[@ronaldmcdonald3965]

Failure to distinguish between legal and illegal immigration. A bunch of amateurs

[@Lochamp]

Both are good for the economy. That's what's important to a banker. Not the social impacts. Learn the difference and you'll be better for it.

[@user-zb3vy7zj3g]

🎉🎉🎉🎉🎉

[@rickhayes-oh2zm]

You are a great banker. Why do you need a guy like powell to raise rates or lower them. Shouldn't you know. Powell is making all you great bankers look like dummies. Can you take the insults you get because of powell