Bank of America is broadening eligibility for commission-free trades on stocks and exchange-traded funds to more than 5.25 million clients who are enrolled in its Preferred Rewards program.
The Aware Ultra-Short Duration Enhanced Income ETF is designed to be a liquid, cost-effective alternative to earnings credits, commercial paper and money-market funds.
Odds are that with rates in general low, an expanding Fed balance sheet will have to come into play in a much bigger way in the next downturn, and the Fed will probably be slow in figuring that out. Risk assets may struggle to take solace in that.