Bank of America Corp (BAC)

[cyclone101]

RE: BAC fed rate -- I think most would disagree on the simple fact that Obama has kept the fed down so the market did not crash, & now that the market is on a tear, it could actually support a small fed rate hike. plus on his 'legacy' if he raises the rate at his end, he could say that the market was doing so well in his last few months bc of what he did for 8 yrs of a recovery that it was able to support the hike.

he will spin this to state it was sustainable all bc of his recovery