Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today
Already have an account? log in
Meanwhile, On The Flows Front…
Equities stumbled a bit in recent days and Wall Street was on track to notch its first weekly decline in seven. Blame pre-election jitters in the US, lingering trepidation about the Chinese economy and a fairly sharp rise in Treasury yields.
Despite the anxiety, folks were still buying stocks. On net, anyway.
Global stock funds took in $4 billion over the latest weekly reporting period, according to EPFR. That was the smallest weekly inflow since a redemption early last month.
The four-week
Paradox meme
I was for paradox; before I was against it.
Malkovich Malkovich.
Agreed on the paradox. Too bad there’s only one hammer for the independent body of bureaucrats…
High rates bad for residential real estate and auto sales/consumption. Sorry not stimulating consumption on net.