For All Their Worries, Investors Are Piling Into US Stocks
US stocks attracted $14.8 billion in the week to June 15, their sixth consecutive week of additions, according to Bank of America Corp.
US stocks attracted $14.8 billion in the week to June 15, their sixth consecutive week of additions, according to Bank of America Corp.
Investors should buy bonds now because it’s the “most attractive point” in years, according to senior investment executives at T. Rowe Price Group.
Corporate America was furiously buying, while hedge funds were busy bailing from stocks at a record pace as S&P 500 plunged into a bear market.
Hedge funds tracked by Goldman Sachs offloaded US equities for 7th straight day, dollar amount of selling over last two sessions not seen since 2008.
Stock markets may have become too pessimistic about corporate earnings despite the gloomy outlook for the global economy.
Money managers around the globe are pouncing on market hedges that pay off in a recession at the fastest pace since the dark days of the pandemic.
We’re not buying stock dip because valuations haven’t really improved, there’s risk of Fed over-tightening and profit margin pressures are mounting.