At just the fresh start of the post-doomsday new year, the global capital market seems to have come to life after "surviving a disaster":
Earlier this month, the Dow broke through 14,000 points for the first time since October 2007; Last month, the S&P 500 early trading broke through 1,500 points, which is also the first time in five years.
Data show that a total of 78 billion dollars flew to equity mutual funds and exchange-traded funds (ETFs) in January, much higher than the scale of capital that flew into bond funds, marking a month of maximum amount since the year 2000.
The Institute of International Finance released their judgments in relevant reports on Feb. 4, saying the global investors are turning from "risk-averse" mode to a "risk preferences" mode. Professional financial media such as Reuters have also perceived the fresh atmosphere: the "about-turn" era during which the funds flow from bonds to stock is coming.
The financial crisis four years ago gave the global capital markets a heavy blow, and the investors hid their capital in succession, and relocated about 1.1 trillion dollars to security assets since 2008. Today, the funds starts to trickle and confidence of the investors is recovering.
Moments that melt your heart during the Spring Festival travel rush