$11 Trillion and Counting: Global Stock Slump May Not Be Over
Money is continuing to leave every asset class and the exodus is deepening as investors rush out of names like Apple Inc., according to BofA Corp.
Money is continuing to leave every asset class and the exodus is deepening as investors rush out of names like Apple Inc., according to BofA Corp.
Meme stocks that took Wall Street by storm at start of 2021 slumped to record low this week, erasing last vestiges of retail-investor driven rally.
The outsized gain that turned Cathie Wood into one of the world’s most-famous proponents of active fund management is quickly evaporating.
Retail investors, who piled into the post-pandemic market rally in record amounts, have started to lose their taste for stocks.
Investors have poured cash into an exchange-traded fund tracking Treasury bills for five weeks, clocking up the biggest inflows since 2020.
Bond markets could be in for rebound after record plummet, with investors looking for signs U.S. inflationary pressures touched their peak.
For a measure of just how brutal Thursday’s reversal was in U.S. equities, take a look at where cash was moving in the ETF market earlier in the week.