Real-Money Funds Dump $100 Billion of Stocks on Rebalancing

Real-Money Funds Dump $100 Billion of Stocks on Rebalancing

Business
December 17, 2022 by secret
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[ad_1] (Bloomberg) — The world’s biggest money managers are set to unload up to $100 billion of stocks in the final few weeks of the year, adding to a selloff that’s snowballed since Jerome Powell’s unequivocal message that policymakers will press on with aggressive tightening at the risk of job cuts and a recession. Most