BofA: Investors Switch to Zero Risk Mode

According to the current evaluation prepared by Bank of America (BofA) strategists; investors switch to zero risk mode and a “great investor migration” started from assets that could be considered risky.

BofA: Investors Switch to Zero Risk Mode. Bank of America strategists made evaluations about the markets. Experts stated that investors have switched to completely zero risk mode by exiting assets such as stocks, bonds and gold. $6.2 billion in stock this week, according to the bank's assessment; There was an outflow of 11.4 billion dollars from bonds and 1.8 billion dollars from gold. Under Michael Hartnett's leadership, strategists said the "great migration" had begun and "investors are selling their favorite assets." Since June 2020, 4.4 billion worth of outflows have been realized from the markets that have developed on the stock side. Technology stocks, on the other hand, have sold 1.1 billion dollars since the beginning of 2022.