Investors Rush to Safety of Cash at Fastest Pace Since Pandemic Stock Rout

With the Federal Reserve maintaining a hawkish stance, investors person been fleeing toward the information of currency astatine a grounds pace. In the week done Nov. 2, investors poured successful $62.1 cardinal into cash, a enactment from Bank of America (BofA) said citing EPFR Global Data. Since the opening of October, money flows into currency person totaled $194 billion, which is the fastest gait of currency accumulation astatine the opening of a 4th since Q2, 2020,...