Buy America Is Rallying Cry for Global Traders Seeking Safety [BNN Bloomberg (Canada)]
Apollo Global Management, Inc. (New) (APO)
Last apollo global management, inc. (new) earnings: 5/1 07:00 am
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Source: BNN Bloomberg
Over the last month, about $30 billion of fresh money has flooded into stock funds, with 94% of the allocations lavishing US assets — tech shares in particular — according to EPFR Global data compiled by TD Securities. The buy-America trade keeps working for now: The S&P 500 outpaced the rest of the world this week by the widest margin in 15 months, while long-dated Treasuries rallied 3.5% for the best run of 2024. Belying debt woes and widening political gulfs, America is increasingly the only game in town for international traders starved for stability amid European election stress and China's monetary struggles. Foreign interest in the US credit market is running similarly high. During the first quarter of 2024, overseas investors poured $187 billion into US company notes, according to Torsten Slok, chief economist at Apollo Global Management. That's a 61% jump from the same time last yea Reports showing stateside inflation easing with few signs of a recession fueled the l
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APO
Earnings
- 5/2/24 - Beat
APO
Sec Filings
- 6/14/24 - Form 4
- 6/5/24 - Form 4
- 6/3/24 - Form 4
- APO's page on the SEC website