2min chapter

Animal Spirits Podcast cover image

The Crockpot Recession (EP.304)

Animal Spirits Podcast

CHAPTER

Bank of America's Digital Volume Trend

Net income at an all time high, common equity tier one capital ratio trending in the right direction. Net charge offs driven primarily by higher credit card losses. Average deposit trend shows Bank of America knows something about deposits. Digital volumes show Zell transactions versus checks are in secular decline and a bear market.

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