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China Stimmy Flows And SPX 6666
Investors put nearly $40 billion to work in global equities over the last week.
The net haul -- $39.7 billion to be more precise about things -- was among the largest of 2024 on EPFR's data.
As the figure below shows, the influx over the last four weeks was almost $110 billion, the briskest four-week pace of the year.
For 2024 as a whole, global stock funds have seen $496 billion of inflows. So, we're one weekly inflow from hitting the half-trillion mark. The breakdown is $805 billion to ET
I don’t think it’s a joke. It’s a possible scenario before the bottom falls out.