
S&P 500 posts worst week of 2023 as traders focus on rate risk. Pullback echoes one in August that saw stocks hitting new lows
The week also featured the year’s first big blow to a dip-buying strategy that by one measure has been as strong as any year since 1928. And warnings are blaring from bonds
Investors Take Note: Last week, hedge funds started trimming positions – the biggest in two years
The runup has inflated equity prices by $5 trillion at a time when central bankers say their inflation-fighting campaign may have years to go and data on earnings and the economy continue to crater
US equity funds saw outflows of $7.7 billion in the week through Feb. 8, according to a note from Bank of America Corp. that cited EPFR Global data
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