Investors dump stocks midst “bearish paralysis” on Wall Street

Investor appetite for equities saw a low following growing global uncertainties. They have channeled $11.1 billion in the bond market as of Wednesday.

On Friday, Bank of America Merrill Lynch disclosed, $11.1 billion flowed into the bond market in the week to Wednesday with investor’s appetite for stocks growing weak midst a “bearish paralysis” on Wall Street.

Investors pulled $9.8 billion from equity funds during the week as they remained cautious against an uncertain global backdrop in the wake of the U.S.-China trade war and the threat of impeachment against U.S. President Donald Trump, the risk of recession, and the uncertainty surrounding Brexit, said Bank of America Merrill Lynch citing EPFR data.



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