Bank of America clients continue to pull money from US securities

Revelations 13:16-18 “Also it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead, so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name. This calls for wisdom: let the one who has understanding calculate the number of the beast, for it is the number of a man, and his number is 666.”

Important Takeaways:

  • Bank of America clients withdraw $2.3B from US securities
  • Bank of America clients sold around $2.3 billion in U.S. equities last week, according to a note from bank strategist Jill Carey Hall on Tuesday
  • Although the note failed to highlight reasons for the withdrawal, data compiled by Bank of America showed clients sold both single stocks and ETFs for the second consecutive week, while selling was broad-based across client groups including institutional, hedge funds, retail, and size segments.

Read the original article by clicking here.

 

Leave a Reply