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Quant Fund
Top asset management team helps you profit without hassle
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🚨 BREAKING: BANK OF AMERICA EXPECTS FED 'RESERVE MANAGEMENT PURCHASES'
🇺🇸 Bank of America, with $3.4 trillion in assets, believes the Fed will announce "Reserve Management Purchases" at the December FOMC meeting.
THIS MEANS:
• Bank reserves will increase.
• The SOFR rate spike will be halted.
• Reserve scarcity will be prevented.
OVERALL SIGNAL: this move is considered bullish for risk-on assets (#stocks, #crypto, #Bitcoin)