UPDATE 1-Investors in record weekly dash for cash as they dump shares, bonds
Investors stormed out of bonds,
equities and every other major asset class this week and piled a
record $136.9 billion into cash, according to BofA’s weekly flow
data, as panic about the spreading coronavirus wiped trillions
of dollars off the value of global markets.
equities and every other major asset class this week and piled a
record $136.9 billion into cash, according to BofA’s weekly flow
data, as panic about the spreading coronavirus wiped trillions
of dollars off the value of global markets.
Posted by Reuters
