1: 1: 1: NYSE: 243 BAC ) Global Research said on Friday that investors’ zeal for the safety of cash, a dominant theme in capital flow data this year, may have peaked. Since the collapse of Silicon Valley Bank in the United States in mid-March.
That crash shook markets, and the central bank’s continued interest rate hikes further fueled the cash rush in the first half of the year, reducing investor demand for stocks and making interest rates on cash-based money market funds more attractive. recent. However, the excitement over artificial intelligence has sparked a boom in tech stocks, while signs that inflation is slowing on both sides of the Atlantic, especially in the United States, mean that the end of rate hikes may be nearing.
However, weekly data showed $7.5 billion into cash, $1.4 billion into bonds, $10 billion into gold and $2.1 billion into equities.