[ConservativeInPA]

Thanks for posting. I do not trust Big Banks, particularly BoA. While what BoA is saying is probably true, it is probably an attempt to manipulate markets, specifically currency markets where the is little regulation.

[Renfrew]

Very true. Trust what the banks do, not what they say. The banks are still putting their billions behind long term low inflation.

You can still get a fixed rate mortgage from them with the same terms as two years ago.

[BiglyCommentary]

Having done serious trading for a few decades, when I read things like this I think “They loaded heavily into inflation positions and now want to start scaling out.”. The big traders are quiet while accumulating and very loud while distributing.