| The disconnect in the US stock market just keeps getting bigger | |
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The big disconnect in the US stock market just keeps getting bigger.
A new Bank of America Merrill Lynch survey published Thursday finds that US investors have pulled $99 billion out of equities year-to-date — including net outflows in 11 of the past 12 weeks — despite stock prices continuing to break record highs.
This week also saw the biggest outflows from equity ($17.2 billion) and high-yield bond funds ($2.6 billion) this year. This data follows a similar report from BAML last month that showed investors pulled $79 billion from the stock market this year and nine of 10 weeks to that point.
As this imbalance grows, Bank of America writes, so does the risk of something we haven't seen in the market in years: a correction.
(Bank of America Merril Lynch)
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Stellar Pacific Ventures Inc.
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EXPLORATION STAGE |
CODE : SPX.V |
ISIN : CA85855B1022 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Stellar Pacific is a gold and copper exploration company based in Canada. Stellar Pacific holds various exploration projects in Canada and in Guinea. Its main exploration properties are HEVA, MONSTER LAKE and VASSAN in Canada and BALANDOUGOU GUINEA in Guinea. Stellar Pacific is listed in Canada. Its market capitalisation is CA$ 1.4 millions as of today (US$ 1.1 millions, € 954 808). Its stock quote reached its highest recent level on February 18, 2011 at CA$ 0.95, and its lowest recent point on April 04, 2024 at CA$ 0.01. Stellar Pacific has 24 064 050 shares outstanding. |