Global bond funds lead inflows in the seven days to Jan. 20 as hopes of big fiscal stimulus packages under the new U.S. administration under President Joe Biden increased bets of a swift global economic recovery.
Chenab River flows come to a standstill
National
January 24, 2021
LAHORE: The flows of the Chenab River have come to a standstill, triggering trans-boundary finger pointing towards India.
The water inflows of the Chenab River from Indian-Occupied Kashmir at the Marala Headworks close to border has dropped to its lowest ebb ever of zero cusecs. Commenting on the reported river flow data, a senior official of Pakistan’s Permanent Indus Commission said: “Seasonal lows are possible in river discharges but dipping inflows to zero level is strange. That development needs to be checked,” he added without mentioning any specific reference to upstream water infrastructure built by India on the eastern rivers including the Chenab River.
Wall Street bankers warned of toppy stock markets and a looming near-term retreat after exuberance from unprecedented economic stimulus has led to "frothy" asset prices.
Investors once again stormed into stocks last week with inflows in the last three months soaring to a record $255 billion, BofA's weekly flow data showed on Friday, prompting investors to warn about a looming correction.
Investors once again stormed into stocks last week with inflows in the last three months soaring to a record $255 billion, BofA's weekly flow data showed on Friday, prompting investors to warn about a looming correction.