Investors Run To A Strange Safe Haven

From HuffPo: Investors around the world are getting more anxious, and they're choosing to put their money in an unusual safe haven: the U.S. stock market.  A new Bank of America Merrill Lynch survey of global mutual-fund managers, released on Tuesday, finds that investors scrambled for safety last month as worries about the European debt crisis once again flared.

The percentage of money managers hoarding what they consider to be an unusually high amount of cash jumped to 20 percent from 10 percent in February, according to the BofA survey.  And global money managers pulled some money out of the global stock market last month, according to the survey -- not surprising at a time when there are worries that the global economy is slowing down. 

But on balance money managers around the world poured more cash into the U.S. stock market in March….

Read all about it at http://www.huffingtonpost.com/2012/04/17/global-mutual-funds_n_1431542.html