More than $1bn has flowed into stocks and bonds every day this week in strong start to 2023
email rounding up the latestInvestors are piling into emerging market stocks and bonds at a near-record rate, as falling inflation and the reopening of China’s sprawling economy help reverse last year’s slide.
The threat of recession has receded. Data released on Thursday showed that the US economy grew more than expectations in the last quarter of 2022, expanding at an annualised rate of 2.9 per cent, while unemployment claims remained low. Despite the strong start to 2023, some investors and analysts warned that the rate of inflows was unlikely to be sustained.
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