'Trade deal trauma' sees investors pull $20 billion from stocks in a week

div > div.group > p:first-child"> A regular note on fund flows from analysts at Bank of America Merrill Lynch revealed that cash leaving equity funds in the week ending May 8 was the third highest so far this year. It came as President Donald Trump ratcheted up a drawn out trade dispute between the world's two-largest economies by threatening further import tariffs on Chinese goods.

U.S. equity funds saw outflows of $14 billion, the largest since January 30, BAML strategists said, citing data from flow tracking specialist EPFR. EPFR looks at institutional and individual investor flows and how they impact global markets. European funds saw $2.5 billion in outflows last week, while $1.3 billion was withdrawn from emerging market equities, with BAML strategists saying the moves reflected"trade deal trauma.

In total, equity fund outflows have now reached $116 billion so far this year, on course for the worst year since 2016, the research said.Bonds, which are perceived as a safe haven in times of market distress, saw an eighteenth consecutive week of inflows with $7.3 billion piling in over the past week.

Global stock markets have seen heavy selling this week as the tensions between Washington and Beijing escalated. The Dow Jones Industrial Average has fallen more than 650 points so far this week, while the S&P 500 has lost about 2.5%. After a warning from Trump on Sunday, the U.S. hiked tariffs from 10% to 25% on $200 billion worth of Chinese goods at 12:01 a.m. ET Friday. In response, Beijing said it"deeply regrets" the tariff hike and would take countermeasures — though no specifics were provided.

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Investors pull more than $20 billion from stocks on 'trade deal trauma': BAMLGlobal equities have seen outflows of $20.5 billion in the past week as 'tr... wow
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »

Here are the biggest stock-market losers after Trump threatens more tariffsChina is still sending a trade delegation to Washington, but investors panicked Monday morning.
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

‘Art of the Deal’ or a serious breakdown in trade talks? Stocks point to the latterWhite House economic adviser Larry Kudlow, in a tweet that put an awkward exclamation point on Friday’s stock-market rally, cheered “we’re killing it on the... that is what you get when the only 'talent' your president has is being a rightwing populist China is not his only failing paynej247 media plays same drum every time he does anything. Meanwhile Trump gets results and they don’t won’t admit it. The US - China trade status is really impacting the stock market. This area of trade needs to be better explained to the people. Increase of tariffs on China does not create GDP increase unless we export more or import less. The US will import less.
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »