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Zacks Analyst Blog Highlights: Citigroup, Bank of America, J.P. Morgan, Wells Fargo and US Bancorp

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June 30, 2009 |Comments: 0
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C | BAC | JPM | WFC | USB
For Immediate Release

Chicago, IL – June 30, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Citigroup (C), Bank of America (BAC), J.P. Morgan (JPM), Wells Fargo (WFC) and US Bancorp (USB).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Monday’s Analyst Blog:

Fed Shuffling Off Vs. Quick Exit

The idea that the Federal Reserve may quicken its scaling back of its emergency market lifelines appear to be a bit of a pipedream.

While the Fed recently eliminated a liquidity program for money markets and moderated a minimal number of other facilities, it basically kept its liquidity safety net in place and extended the term of most of its programs, as it remains concerned that present financial strains will continue for a while.

Clearly the Fed's "exit strategy" will require extra finesse as to not decimate the recovery, or spawn excessive inflation.

Even though interest remains at a near historic low, a trip to any branch of a major institution - such as, but not limited to, Citigroup (C), Bank of America (BAC), J.P. Morgan (JPM), Wells Fargo (WFC) and US Bancorp (USB) - reveals that interest rates have crept-up by more than 100 bp over the past month, and these institutions also are charging a point or more.

What remains very interesting is that these same institutions are buying newly minted loans from mortgage brokers (typically carrying lower interest rates).

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About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518.

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Contact:
Mark Vickery
Web Content Editor
312-265-9380
Visit: www.zacks.com

Read the full analyst report on C

Read the full analyst report on BAC

Read the full analyst report on JPM

Read the full analyst report on WFC

Read the full analyst report on USB

 
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