What does flight to safety means in this situation which


An article in the Wall Street Journal in 2012 described investors' behavior since 2000 as a "flight safety that has led to a high equity risk at premium".

1) What does "flight to safety" means? In this situation, which types of assets are investors likely lead to?

2) Would an increase in equity risk premium likely lead higher or to lower stock price? Briefly explain

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Accounting Basics: What does flight to safety means in this situation which
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