Cash hoarding hits 2001 high on investor stagflation fears - BNN

5/17/2022 12:00:00 AM2 years 11 months ago
by Bloomberg News
by Bloomberg News
Investors are piling into cash as the outlook for global growth plunges to an all-time low and stagflation worries mount, according to a Bank of America fund manager survey.
Investors are piling into cash as the outlook for global growth plunges to an all-time low and stagflation worries mount, according to a Bank of America Corp. fund manager survey that points to conti… [+2855 chars]
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