Bofa minimized the risk of commercial war on global actions

Bofa minimized the risk of commercial war on global actions

The bank warned that the flow of shares reached maximum of 2025, so there is no tendency to sell for rent variable by tariffs.

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The Bank of America Corp (Bofa) minimized the impact of commercial war on financial markets. According to the entity, the flow of shares is far from indicating a tendency to sell in the variable rent segment.

“Monstrous capital flows continue to reach the world market markets. Global investors are not even remotely close to selling US or global shares,” he said Michael Hartnettfrom Bofa.

Indeed, Global shares funds registered around US $ 43,400 million in capital tickets at week until Wednesday, as many this yearaccording to a bank note that quotes data from EPFR Global.

The fact that capital tickets in shares have reached a maximum so far this year and that The indexes of Germany and China, two of the main exporters to the United States, have recovered From the election of Donald Trump, he suggests that investors are skeptical of the possibility that US tariffs cause a recession.

However, Harnett and his team point out that trust is beginning to reflect the US plan to apply reciprocal tariffs on April 2: the optimism of small businesses in Canada collapsed to historical minimums, for example, with the planned increase in US tariffs. They add that Bonds and gold would be “much less” vulnerable to a “tariff pandemic” than US and international actions.

He S&P 500 It fell last week in a correction – a 10% drop from its record – due to the new concerns about the recession. A fall this Friday could lead to the reference index to a Fifth consecutive weekly fall.

The reference index, which records a decrease of 3.7% this year, has a Lower performance than European indices such as the Dax of Germanywhich has risen about 14%.

Source: Ambito

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