Wall Street ends higher as hopes for less aggressive Fed grow

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US Commercial Bank Deposits Down Record $360 Billion Since April, a 'Disorderly Drop' - BofA

October 21, 2022 7:45 AM EDT

Both equities and cash attracted large inflows in the week to October 19, according to Bank of Americas Michael Hartnett, citing EPFR Global data.

Inflows to cash were $14.5 billion while $9.2 billion went into equities. Outflows from gold and bonds were $1.5 billion and $12.2 billion, respectively.

Hartnett, the banks Chief... More