Bank of England (BoE) Agents’ summary of business conditions

posted in: Banks, Consumer, Notes, Risk | 0

Intelligence report on businesses and consumer actions post-referendum (http://www.bankofengland.co.uk/publications/Documents/agentssummary/2016/jul.pdf) Little to moderate change in annual rate of activity growth “The annual rate of activity growth had remained moderate and little changed in the month up to the EU referendum. Consumer … Continued

Cumulative Bond and Equity Fund Flows Since 1996

Reposted here from zerohedge is a stunning chart of cumulative flows to bond and equity funds since 1996.  It shows that total fund flows into equity funds are negative over the last 16 years.  Considering that US households have saved $5.4T over this … Continued