PC party leader attends the protest in support of fishermen | SaltWire #newsupdate #newfoundland - U.S. companies' purchases of domestic equities through more stock buybacks and corporate acquisitions will hit a six-year high of $625 billion this year, about as much as mutual funds and pension houses will offload, Goldman Sachs said.
The outflows in mutual funds will come as investors flock to passive index funds and exchange-traded funds , from actively managed ones, while pension funds will rotate capital towards lower-risk assets such as bonds, Conners said. "The U.S. is the global safe haven ... However, domestic uncertainty is likely to rise in conjunction with the Presidential election later this year," Conners said.
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