BofA WARNS “BLASÉ” MARKETS SET FOR HIGHER VOLATILITY U.S. equity funds have seen $14.2 billion of outflows in three weeks, the largest sinc…
BofA WARNS “BLASÉ” MARKETS SET FOR HIGHER VOLATILITY
U.S. equity funds have seen $14.2 billion of outflows in three weeks, the largest since January, according to BofA.
With Treasury yields surging, oil above $100 and diesel at record highs, BofA warns investor complacency and a lack of policy urgency are creating a “recipe for volatility.”