Tech stocks, emerging market debt see inflows on "stagflation" bets

Tech stocks, emerging market debt see inflows on "stagflation" bets

2 years ago
Anonymous $drS9DEX_Sj

https://www.reuters.com/article/global-markets-flows-bofa/tech-stocks-emerging-market-debt-see-inflows-on-stagflation-bets-idUSKBN2G61CF

Investors rushed to scoop up emerging market debt and technology shares in the week to Wednesday, BofA Securities said in a weekly note, with the U.S. investment bank's own private clients boosting their equity allocations to a record high.