Which Analogue Do You Prefer?

Inflows to global equities continued apace over the last week, despite considerable "chop" across stocks tied to inflation jitters. Investors plowed another $13 billion into global equities, bringing the total for 2021 to within $5 billion of the half-trillion mark -- with seven months left in the year (figure below). Just $1.2 billion of the most recent weekly haul went to US stocks. That was the least in nearly two months. In the latest edition of the bank's popular weekly "Flow Show" ser

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One thought on “Which Analogue Do You Prefer?”

“Of course, every once in a while, the dire narratives prove prescient. ‘Bear Stearns is fine’,” he said, speaking from the bridge tournament he didn’t want to come home from.