the words risk off laid with silver metal letters on classic blue surface for stock market background


The following short bit will come as no surprise to regular readers, and as such, I hesitated to give it separate treatment. But, I decided to go ahead with it as a kind of “quick hitter,” mostly because it serves as a useful addendum to last week’s piece documenting outflows from junk funds amid the worst stretch for US equities since the March panic.

As a quick reminder, Lipper data showed investors pulled more than $2.5 billion from ...

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