Investors pull money from cash to pay tax bills, sell US stocks – BofA

Capt. John

Cash equivalent funds saw a $160 billion tax-related outflow in the week to Wednesday, according to a Bank of America’s weekly report that cites fund flows and asset allocation from data provider EPFR, while U.S. stocks suffered their second week of outflows. The $4.1 billion pulled from U.S....

https://www.hellenicshippingnews.com/investors-pull-money-from-cash-to-pay-tax-bills-sell-us-stocks-bofa/

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