BofA's Moynihan on US Consumer, Trading Activity and CRE
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- Опубликовано: 18 мар 2024
- Bank of America Chair and CEO Brian Moynihan discusses the state of the US consumer, economy and banking system. Speaking with Jonathan Ferro and Lisa Abramowicz on "Bloomberg Surveillance," Moynihan also comments on recent trading activity, bank regulation and the risks associated with commercial real estate.
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So tired of big bank CEO's saying the consumer is resilient. Many are spending other people's money making the economy look better. C Cards, BNPL loans, forbearance on mortgages, auto loan delinquency, and on and on. Wake TF up people. Stop making these guys wealthier.......save and learn to invest wisely.
I'M NOT knocking CNBC - I enjoy some of their coverage. BUT - this interview seemed more in depth, less scripted, and more willing to ask real questions. on CNBC I get worried when they WRITE the bullet points of what the guest is saying....BEFORE he actually says it.
CNBC is a joke.. has been since 08 imo.. lots more "personalities" there meant to entertain and get you trading.. instead of thinking
Agreed. This is my first time watching this channel and its eye opening.
Totally agree; especially with Dan Ives bandwagon-types.
All you need to know about CNBC is watch Mad Money 😂
@@hwy9nightkidI hate ol neckline Joe Scarborough
US economy has grown for the top 10% of earners. For everyone else the dollar amount has gone up but so has cost. We're seeing the end of first time home ownership in the US which will destroy the middle class in a generation.
All markets are saying that money is very loose, not tight
Nice interview, thanks for posting. Here's to hoping the bottom tercile can manage some savings.
CRE is the long standing problem facing many local governments and banks
What about your record level of losses on the books in your bond portfolio?
That's terrifying , reducing workforce by what half to do more revenue , and looking to sack even more people the more revenue they get , this
not good
was this filmed in a Casino? If not, why does it sound like it?
They always have the gain in the mics up way above the necessary level
I think applying digital arts and amazing AR parts into concerts in Hk and greater bay also great returns to Americans enterprises and investment products. Especially with Media Lab HKDI on the Public listed. Future may also apply with AI effects with AR concerts and holograms concerts 🎉
The us economy has 34 trillion dollars of printed money debt. You have runaway inflation. Higher prices going higher. The printing press is running steady.
Then tell the millennials to get off their ass and work.and take gez Z with them. You want 20 bucks to flip burgers. But you went to school for Gender studies 😅
Bank of America has the best security features among its peers.
These "experts" are always wrong. Im concerned about the highest credit card debt in history. My company is huge and has taken away our bonus and has begun to limit OT. Eventually, these bills are due. Real people are financially choking.
powell is tightening. He is loose. Stock markets don't go up. when reagan and volcker fought inflation the markets were falling.
He wants people to relax, keep spending and be happy. When your personal worth is $100 million it’s easy to sit back, smile and talk about how tough your job can be. Moynihan is out of touch with Main Street.
😂😂😂😂 What you have to blame Him? He is just a person that got the job to run a biz. Don't troll
Bottomline: unpredictable.
XRP
in capitalism if a bank fails the taxpayers don't have to bail it out.
😂Dude Putin won already. Stop with your Troll remarks. If that's your position buy Potatoe.😅
anyone can run a back when you fail and get bailed out. Get a brain.
Crook! 🤦🏽♂️
you will fail again. Your lending practices are screwed. 0% interest rates for 10 years. People borrowed now they can't pay you back because of higher interest rates. Bail out time coming and it won't work this time.
Only the Banks that are Big into REITs .There never was 0% 😅 BofA is cash poor. There not going anywhere. If you want to see who will just check the big PE compies and what they are selling
biden has a plan, "bidenomics" it's working just ask him. the government will own everything. sit back and watch.
This guy a joke