(Bloomberg) — A selloff that saw US stocks sink into a bear market last week amid red-hot inflation data and a sharp Federal Reserve rate hike will likely ease in the second half, according to JPMorgan Chase & Co. “The call of peak Fed hawkishness got delayed, but it is not broken, for the second […]
(Bloomberg) — Investors are rapidly exiting stocks, with U.S. equities seeing their biggest weekly outflows of the year as recession fears take hold. U.S. equity funds had outflows of $15.5 billion in the week through April 13, while European funds experienced a ninth straight week of outflows, Bank of America Corp. strategists wrote, citing EPFR […]