Investors are moving more money than ever before out of stocks and into bonds, widening a valuation gap and convincing JPMorgan Chase & Co. and BlackRock Inc. that now is the time to buy equities. About $33bn flowed out of funds owning US shares this year even as the economic recovery sent free cash flow for American companies excluding banks to 6.8% of their market value.
Investors fleeing stocks with cash flow lure JPMorgan
Most Popular Articles
Latest Articles
GAO highlights reverse mortgage counseling in new report
Older adults need more information about financial programs, with GAO citing the HECM counseling program as an age-targeted example.