Investors Park a Record $123 Billion in Cash To Start the Year Off
According to BofA, this financial manoeuvre, typically observed in the first week of January, comes on the heels of 2023's unprecedented annual cash inflow totalling $1.3 trillion. Such movements highlight a trend where investors, prioritising security and influenced by increased interest rates, have shifted away from stocks and towards more stable assets. Drawing from EPFR's…
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