Global equity funds were hit by massive inflows last week, estimated at more than $ 20.5 billion, according to Bank of America data.

The bank added that more than $ 12 billion has been pumped into the global bond market in a liquidity shift targeting safer markets.

According to the bank, outflows from stock markets have reached $ 66.8 billion since the beginning of this year.

It is noteworthy that, after analyzing the data on the assets of the banks of the United States of America, S&P Global concluded that Bank of America was ranked as the second largest bank in the country with assets of 2.34 Trillion dollars.

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