US Equity Flows, Sentiment Cautious Amid Macro Ambiguity

US equity-focused ETFs and mutual funds notched another week of inflows with a modest $3.9 billion haul, according to the latest update. The influx came on the heels of an $11.9 billion inflow the prior week, which helped offset a mid-September exodus that counted as the largest of 2023. YTD, net flows to US stock funds are now positive to the tune of $7.7 billion. The simple figure above illustrates the extent to which there are two flow regimes in 2023, one pre-Nvidia Q1 results / debt ce

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