Vaccine for market too; Investors rush to buy equities, dump gold in vaccine euphoria
LONDON – Investors stormed into riskier assets last week, pumping $27 billion into equity funds as positive COVID-19 vaccine updates led to euphoric buying of shares in worst-hit sectors such as banks, travel and leisure, and oil, BofA said on Friday. Citing data from EPFR, the bank said inflows into global stocks in the last […]
