Bank of America no longer predicting recession, CEO says

Bank of America's economists no longer see the U.S. entering a recession, CEO Brian Moynihan said over the weekend. "Bank of America Research does not have any recession predicted anymore," Moynihan told CBS’ "Face the Nation."  The Bank of America boss said that at this time last year, the bank's team of analysts expected the economy to slide into a recession – generally defined as a decline in gross domestic product for two consecutive quarters – but now those concerns have dissipated.BANK OF AMERICA CEO ...