Great News for $VERB shareholders: 1:37 pm: Recor
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Posted On: 02/10/2020 11:01:21 AM
Great News for $VERB shareholders:
1:37 pm: Record flows into technology funds, Bank of America says money is flowing into tech funds at an annualized rate of $54 billion, according to Bank of America, which would easily outstrip any previous year. The record for a full-year is an $18 billion inflow in 2017. Richard Bernstein, CEO of Richard Bernstein Advisors, said in a tweet that the statistic showed, “irrationality definitely growing … Extrapolating only 1 month of course, but still.“Bond funds and emerging markets funds are also seeing record rates of inflow, according to Bank of America.
1:37 pm: Record flows into technology funds, Bank of America says money is flowing into tech funds at an annualized rate of $54 billion, according to Bank of America, which would easily outstrip any previous year. The record for a full-year is an $18 billion inflow in 2017. Richard Bernstein, CEO of Richard Bernstein Advisors, said in a tweet that the statistic showed, “irrationality definitely growing … Extrapolating only 1 month of course, but still.“Bond funds and emerging markets funds are also seeing record rates of inflow, according to Bank of America.
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