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Bank of America’s Trading Revenue Expectations in 2Q 2018

Robert Karr
Bank of America’s Trading Revenue Expectations in 2Q 2018

The Federal Reserve’s indication on faster rate hikes, trade wars, and the fluid geopolitical situation with North Korea drove volatility northward in the first quarter. Rate hikes and trade war fears have largely been allayed or discounted. With President Trump’s meeting with North Korea’s Kim Jong Un in Singapore, the geopolitical situation is expected to normalize.