According to Morningstar, the withdrawal of equity funds reached 11.6 billion euros in July. Same trend in August, reports Bank of America. According to Quantalys, EUR 1,000 billion went up in smoke in Europe in the first half of the year, including EUR 300 billion in redemptions. The Pigou effect is supposed to encourage savings behavior in times of inflation. With the exception of...
The outflow continues in European equities
