Bank of America Corp (BAC): Seven Announcements Bank Investors Must Watch Next Week

Friday

Consumer Sentiment: Much like the Bloomberg index on Thursday, the Consumer Sentiment survey from the University of Michigan gives insight into how the average consumer is feeling about the economy, what they are doing with their money, and how they feel about spending. Since the banks need to generate new loans, a decrease in spending will likely impact their revenue generation, but may increase consumer savings (depending on discretionary cash levels), leading to more capital available for lending.

Fool on!
A Foolish investor knows that no single news blip will have all the information needed to assess a stock, but too much information can muddle a decision just as easily. As we move through the week, be sure to pick and choose which data points best help or hurt your stock picks. And as always, you can learn more by logging on to Fool.com.

The article 7 Announcements Bank Investors Must Watch Next Week originally appeared on Fool.com and is written by Jessica Alling.

Fool contributor Jessica Alling has no position in any stocks mentioned — you can contact her here. The Motley Fool recommends Wells Fargo & Co (NYSE:WFC) and (NYSE:WFC) owns shares of Bank of America, Citigroup, JPMorgan Chase & Co. (NYSE:JPM), and Wells Fargo.

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