In just 5 days of cash, investors collected a record $ 137 billion

By gainer | gainer | 16 Mar 2020


Investors gathered a record amount of capital this week when the 11-year run of the bull (growing) market fell.

Bloomberg said that, according to data from Bank of America and EPFR Global, in the five days ending March 11, investors moved into cash assets worth a record $ 137 billion. So far, the highest value of $ 14 billion has been channeled into government bonds, while gold investors have deposited $ 3 billion.

While capital shifts towards safe and stable assets amid severe volatility, investors are moving away from various types of debt and equity. High yield bonds and emerging investment grade markets recorded the largest collective outflow in history, with investors starting to withdraw from this asset class worth more than $ 34 billion. The financial sector faced an outflow of $ 3.3 billion, setting another record in a chaotic five-day period.

We saw a few billion rise in volatility as the US stock market experienced the worst losses in decades. On Monday, the shares faced the worst downturn since 2008, when increased fear of coronavirus encountered a new war on the oil market between Saudi Arabia and Russia.

The industrial stock index Dow Jones on Wednesday got into the bear market, closing the historic bull market and began a new era of market pessimism.

On Thursday afternoon, stock prices rose sharply as the Federal Reserve announced that it would draw $ 1.5 trillion into the money markets by Friday evening. To his unprecedented move, the central bank said that "highly unusual disruptions in the Treasury's financial markets associated with the outbreak of coronavirus" can be seen. Record liquidity injections will continue for a month and support markets if the virus is rapidly curtailed.

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gainer
gainer

My blog is devoted to game review,travel,writing


gainer
gainer

game review,travel,writing

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