Saturday, September 11, 2021

9-10-2021-more2

 




We’ve come full circle. Both sides say the exact same things to criticize each other, making everyone a hypocrite. We’re being gaslit.





The $1 trillion that has flowed to global stocks in 2021 is bigger than the last 20 years combined. Wow…

Money has gushed toward stocks this year, as global central banks have kept monetary policy accommodative to fight the coronavirus pandemic.

Bank of America has put those flows into perspective with the following chart that shows annualized inflows to global stocks in 2021, topping $1 trillion. That’s bigger than the cumulative inflow of the last 20 years — $800 billion between 2001 and 2020, noted Michael Hartnett, global investment strategist and his team.

Yet there were signs some investors could be steering a bit more money out of stocks, as Bank of America’s Flow Show reported that $15.2 billion was allocated to cash in the latest week, the biggest influx in five weeks. The week saw $12.7 billion allocated to equities, $12.6 billion to bonds, but $200 million out of gold , which is traditionally viewed as a haven for investors worried about an economic slowdown.

The S&P 500  has gained nearly 20% so far this year, which is ahead of a 16% return in 2020, though below a 28% return in 2019. On a continous basis, gold has dropped 5% this year, versus a 24% rise in 2020.

https://on.mktw.net/3A4uyXo



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