Global stock market funds have been withdrawn for two consecutive weeks, but the rate cut expectations have become a "calming pill"! Safe-haven funds are pouring into bonds and gold
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Global investors net sold stock funds for the second consecutive week ending September 11, mainly due to concerns about the health of the US economy and political uncertainty. However, the optimistic expectations for central bank interest rate cuts have slowed the outflow of funds. Global stock funds saw a net redemption of $3.46 billion, a decrease from the previous week. Funds flowed out significantly from technology and financial stocks, while consumer staples and utilities attracted inflows. Safe-haven sentiment drove an increase in holdings for money market and government bond funds
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