US Equity Fund Flows Slow, China Takes In $4 Billion
US equity funds took in a small $322 million on net over the latest weekly reporting period, according to the latest update.
That was a decisive downshift from the prior week's near $10 billion haul.
By now, most regular readers know the story. Flows to US equity-focused ETFs and mutual funds inflected in and around Nvidia's beat and raise, which was followed pretty much immediately by a debt ceiling resolution in D.C.
Since late May, what was a near $70 billion YTD net outflow was all but