Jim Cramer: Bank of America Expects 4% Economic Growth in Q2

Bank of America CEO Brian Moynihan told TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer that his research team forecasts 4% economic growth in the second quarter.
Author:
Publish date:

Bank of America (BAC) - Get Report CEO Brian Moynihan told TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer that his research team forecasts 4% economic growth in the second quarter. 

The comments were made in a Monday interview on CNBC's Mad Money. 

"I do think Bank of America does quality work in part because Bank of America is everywhere and Bank of America has a better pulse than any other bank in the country," Cramer noted, adding that Wells Fargo (WFC) - Get Report and JPMorgan Chase (JPM) - Get Report also have credence in their pulse on the economy.  

Want exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!