Sentiment Shift Drives $50 Billion Flow Bonanza To US Stock Funds
US-focused equity ETFs and mutual funds scored another big inflow over the latest weekly reporting period. It counted as the third consecutive outsized haul.
Over the last three weeks, US equity funds raked in almost $50 billion, according to EPFR.
Recall that the prior week saw the second-largest influx of 2023. Overall, US funds have enjoyed a half dozen straight weekly inflows.
Sentiment around US equities inflected meaningfully in November, as bond yields retraced lower amid a run of so