Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today
Already have an account? log in
US Stock Funds Shatter Inflow Record In Latest Mania Marker
Blow-off top, blow-off equity flows?
That's one interpretation of the latest fund flows update, which suggests US stock-focused ETFs and mutual funds saw a record influx over the latest weekly reporting period.
The enormous $56 billion haul looks anomalous, frankly.
It was the fourth sizable weekly inflow in five, and single handedly tripled the net YTD flow to US-centric funds, which now stands at more than $80 billion.
If you're curious, the breakdown showed nearly $31 billion going to U
