Investors began to withdraw money from stocks - the period of active investment in them, which lasted 3 years, has come to an end, according to Bank of America. As notes its strategist Michael Hartnett, whose words are transmitted by Bloomberg agency, their interest now is attracted by bonds and money market funds.

Despite the fact that this year the volume of investments in stocks was the highest in 3 years, the week ended May 23, the volume of funds withdrawn from them reached $3.9 billion, according to statistics from EPFR Global. The S&P 500 index showed volatility in May amid uncertainty about the U.S. government debt. The BoA advised investors to sell shares when it was at 4,200 points, a value that was exceeded at yesterday's close.

Meanwhile, bankruptcies are on the rise among U.S. large companies, already at a 13-year high. Higher interest rates as well as stricter requirements for borrowers have contributed to this. Last week, according to S&P Global Market Intelligence, the number of large firms going bankrupt hit its peak since 2010, at 236.