Never Call The Top

Never Call The Top

Global equities enjoyed the largest inflow in five weeks as US stocks trekked towards new record highs. Equity funds took in nearly $25 billion over the latest weekly reporting period (figure below). With 2021's only weekly outflow falling out of the sample, the four-week average rebounded sharply, from $2.5 billion to more than $14.5 billion. The cumulative haul for this year is now $810 billion. Stocks' (entirely predictable) rebound from September's mini-swoon doesn't rule out a correct
Subscribe or log in to read the rest of this content.

NEWSROOM crewneck & prints