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0.000419155401865158 0.000733521953264101 0.00649690872891129 0.00845017290160323 0.00827831918683844 0.00859268573823738 0.0058681756261134 0.0114219847008279
Stock impact report

Investors cling to shock-absorber trades as Iran war brings economic visibility to zero [BNN Bloomberg (Canada)]

Bank of America Corporation (BAC) 
Last bank of america corporation earnings: 4/15 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.bankofamerica.com
Company Research Source: BNN Bloomberg
The dollar has emerged as the antidote of choice to combat angst. It's set for its strongest weekly performance since late 2024, with a gain of 1.7 per cent. Surging oil and gas prices have reawakened fears of a 2022-style energy crunch, but there is not the sense of panic that has accompanied previous geopolitical or financial crises, investors and strategists say. For starters, the classic indicators of market stress in times of turmoil, such as corporate bond spreads and the VIX volatility index, have not flared up, suggesting that investors still believe U.S. President Donald Trump's assertion that the conflict will be resolved soon. In addition, the vast amounts of capital that had pooled in some popular trades from gold to emerging-market assets have been deployed to plug losses elsewhere and insulate portfolios. The most recent Bank of America monthly survey of global fund managers showed 50% believed owning gold, which has risen 70 per cent in the last year, was the m Show less Read more
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