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Bank of America: Customers are on the wait-and-see sidelines amid Trump uncertainty
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2 hours ago 4,554
Bank of America has slowed since the beginning of the year as customers become increasingly uncertain about the route Trump's new administration will take, Golden Finance reported. Jim DeMare, head of global marketing at the company, said uncertainty has increased significantly as the market attempts to assess the initial actions of the new government, especially the impact of tariff proposals on asset prices. “There is a decrease in client trading activity now compared to the beginning of the year, and the same is true compared to the end of the fourth quarter of last year. People are waiting to get more information to further adjust their portfolio,” he added, although Some client activity has slowed down, but it is likely to be a "good quarter" for Bank of America traders. The group hit an all-time high last year.
Keywords: Bitcoin
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