Browsing: Bank

First National Bank of Omaha purchased a new position in shares of Salesforce Inc. (NYSE:CRM – Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 76,617 shares of the CRM provider’s stock, valued at approximately $12,060,000.

The U.S. national debt is hurtling toward $40 trillion, and Bank of America Research strategist Michael Hartnett’s “Anything but Bonds” framework is becoming ever more applicable. Boiled down, Hartnett warns the U.S. is accumulating too much debt, which causes the government to issue too many bonds. Investors want compensation for the fiscal risk, making long-duration…