$16.9B Worth of Equities Sold in a Week as Bond Inflows Continue: Report

Investors sold $16.9 billion worth of US stocks in the week that ended September 20 and invested $2.5 billion in bonds, new data revealed on Friday. The shift away from equities came after the Federal Reserve and other global central banks hinted at the possibility of more rate hikes this year.…#federalreserve #fastestweeklyrate #bankofamerica #bankofengland #michaelpearce #oxfordeconomics #tokenist

Source: Reuters: Health - September 23, 2023 Category: Consumer Health News Source Type: news