Bank of America: An Elephant And Mice In The Room

Summary:

  • An elephant in the room, Bank of America’s $136 billion in unrealized losses is a cause for concern, but it wouldn’t directly affect the company.
  • The sector crackdown due to these losses would.
  • Higher rates are not exactly beneficial for the business.
  • Bank of America’s exposure to commercial real estate loans is also a concern.

Elephant"s fear of mice

MediaProduction

The thesis

Bank of America’s (NYSE:BAC) troubles are getting more and more worrisome every quarter. The company made quite the news on its unrealized losses worth $136 billion. The market reacted with slight pessimism and stock took a small hit. However, it


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