What Does the Debt-Ceiling Agreement Mean for B of A?

As many look to one of the largest banks in the nation, Bank of America (NYSE: BAC  ) , as a bellwether for the U.S. banking industry, Motley Fool financial analyst Matt Koppenheffer asks in this video how the Congressional decision to push the debt-ceiling debate further down the road affects the company. He discusses how tentative decision-making has become in large banks, first as they were concerned over the fiscal cliff, and now with the looming debt-ceiling debates. And while more time is a positive, the fact that these gloomy uncertain clouds continue to hang in the future means that bank fears, and therefore investor fears, will continue to do the same.

To learn more about the most talked about bank out there, check out our in-depth company report on Bank of America. The report details Bank of America's prospects, including three reasons to buy and three reasons to sell. Just click here to get access.


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