Rush to cash is at fastest pace since pandemic: BofA | Economic Times - Jobs World

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Friday, November 4, 2022

Rush to cash is at fastest pace since pandemic: BofA | Economic Times

Rush to cash is at fastest pace since pandemic: BofA https://ift.tt/M80LH7A asset class had inflows of $62.1 billion in the week through November 2, according to a note from the bank citing EPFR Global data. That's contributed to $194 billion of inflows into cash since the start of October - the fastest start to a quarter the pandemic roiled markets in the second quarter of 2020.

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