Investors fleeing to cash like it’s 2020
Investors poured the most money into cash since April 2020 on fears of a looming recession, but stocks could see further declines as they don't fully reflect that risk, say Bank of America…
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BofA says recession fears prompt investors to dump stocks again
Investors are hoarding cash and hiding in US Treasuries as they dump equities amid fears that the US economy is headed for a recession.
Nearly $63 billion flowed into cash in the week…