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.
Bank of America (BAC) 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) and JPMorgan Chase (JPM) also have credence in their pulse on the economy.
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