MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

BAML: U.S. Stocks Favored As Bond Buying Spree Slows

TedTed
in The Bullpen
FYI: U.S. equity funds attracted $17.1 billion last week, pulling cash from government bonds, Bank of America Merrill Lynch said on Friday, as investors turned to riskier assets amid hopes for a U.S.-China trade truce and central bank rate cuts.

Global policy makers are smashing Wall Street bears “out of the ball park”, BAML Chief Investment Strategist Michael Hartnett said, pointing to the intention of policy makers to reverse bearish sentiment.
Regards,
Ted
https://www.reuters.com/article/us-market-funds-baml/u-s-stocks-favored-as-bond-buying-spree-slows-baml-says-idUSKCN1VY1QO
Sign In or Register to comment.