Oil Prices Fuel Global Market Jitters: What's Behind the Selloff?
The recent surge in oil prices has sent shockwaves through global markets, prompting investors to pull billions from equity funds and raise concerns about inflation and rising borrowing costs.
The numbers are stark: a net outflow of $15. 52 billion from global equity funds in the week ending September 9, with U. S. equity funds seeing net sales of $32. 27 billion.