Investors pile into cash but “no equity capitulation” – BofA

Capt. John

Investors snapped up cash at the highest weekly rate since April 2020 in the week to March 15, according to BofA Global Research on Friday, against a tumultuous backdrop of the failure of several U.S. banks and a rout in global banking shares. Cash funds saw a “huge” inflow of $112.7 billion in the...

https://www.hellenicshippingnews.com/investors-pile-into-cash-but-no-equity-capitulation-bofa/

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