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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events that govern the world's investors’ decisions this week
GB Morgan Chase, America's Largest Bank of 2018
The General Assembly of the National Union agrees to merge with Abu Dhabi Commercial
