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Thinking of trading BANK OF AMERICA?

    1. Despite any setbacks it has faced, Bank of America has held its own in the financial industry. A huge variety of financial services, a user-friendly website, online and mobile access, and locations from Main Street to Dubai have provided Bank of America with a loyal customer base. 2. Even though one of the factors that is boosting its numbers is continued consumer borrowing, and there are concerns that it could stop at any time,Bank of America is a strong lender to consumers. Part of the Federal Reserve’s strategy during the recovery has been to generate a sufficient wealth effect in the economy so that customer spending can be stimulated and help drive economic growth.
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How would you like to trade BANK OF AMERICA?

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Bank of America came about through NationsBank's acquisition of BankAmerica in 1998. BofA is an American multinational investment bank and financial services company based in Charlotte, North Carolina, with central hubs in New York City, London, Hong Kong, Toronto and Minneapolis.The bank's large market share, business activities, and economic impact has resulted in a number of lawsuits and investigations regarding both financial disclosures and Mortgages that go way back to the 2008 financial crisis.The Bank of America all time high stock price is 44.03, which 57.5% more than the current share price.

1. Some of the things you need to be aware of when it comes to bank stocks are rising interest-rate environment, geopolitical trade risks, and a decline in mortgage originations and refinancings. These factors can have a great impact on Bank of America stocks. 2. Although Bank of America has posted some good numbers in the first quarter of 2019, the performance appears to have been driven by interest rate increases and continued consumer borrowing, something that may stop if the Fed begins to lower rates.