Bonds - still quite a popular choice among conservative investors. In September, it was possible to observe the inflow of funds into bond funds in the amount of $ 37.9 billion - on AMarkets materials.
In August, investors have invested in bond funds $ 67 billion. At the same time in September, $ 2.6 billion was withdrawn from equity funds. C beginning of 2016 capital outflows from equity funds totaled $ 92.5 billion. In summer, the players interested and invested in raw materials assets. However, in September the flow of funds in a category of funds has fallen to zero. While bond funds carries most. From the beginning, they "ate" the investment of capital in the amount of $ 410 billion.
The current difference between the cash inflow to stock funds and bond funds is very much in favor of bonds - almost 10-year high. And since almost all of 2016. Interestingly, similar dynamics was observed until 2009 - were in favor bonds, shares in the paddock. But then I started the longest growing trend for equities. However, the current situation - the extreme pessimism on the background of the bad statistics and frustration in the US Fed methods. Therefore, the bullish trend similar force is unlikely shares. However, quite breath-taking position on the stock market, most likely, will not. While central banks printing machines work.
