BofA Strategists Say Rates Jitters Are Fueling Stock Outflows
==========

Investors are pulling money out of equities as a strong US economy and sticky inflation fuel concerns that the Federal Reserve will keep interest rates higher for longer. Bank of America Corp. strategists note that good economic news is now bad news for stocks. $21.1 billion was redeemed from stock funds in the two weeks through Wednesday, the most in a fortnight since December 2022, according to BofA.

#Equities #UsEconomy #Inflation #FederalReserve #InterestRates #StockFunds

https://www.bloomberg.com/news/articles/2024-04-19/bofa-strategists-say-rates-jitters-are-fueling-stock-outflows