JPMorgan: US stock retail investors' risk appetite cools, stock purchases drop by about 30%
ChainCatcher news, according to Golden Ten Data, as tensions escalate in the Middle East and inflation concerns intensify, American retail investors are reducing their support for the stock market, with risk appetite cooling. A team led by strategist Arun Jain at JPMorgan stated that the weekly scale of stock purchases by retail investors has dropped by about 30%. Over the five trading days ending Wednesday, total retail inflows fell to 670 millions USD, below the 710 millions USD average of the past 12 months. Inflows into ETFs decreased by 22% to 630 millions USD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Morgan Stanley: AI capital expenditure may reach 10 to 15 trillions USD in the next 10 years
Morgan Stanley stated that capital expenditure in the artificial intelligence (AI) sector could reach $10-15 trillions over the next decade.
Morgan Stanley: Apple's target price lowered to $350
Autoliv completes acquisition of MCF Safety Belts
Refining profits surge and oil prices soar; Saudi Aramco Q3 profits grow by 9% and maintains a dividend of 21.9 billions USD.
Driven by rising refining profits and oil prices, Saudi Aramco's third-quarter profits increased by 9%.
Crypto prices
More
