Lates News

Bank of America said that investors withdrew a record $172.2 billion from cash and money markets in the week ending Wednesday. This phenomenon was mainly attributed to optimism towards the possible end of the Iran war and tax-related fund flows. In addition, a large amount of funds flowed into the stock market, mainly due to a significant amount of money returning to the US stock market, which reached a historic high this week. The stock market received a $11.3 billion inflow, with $17.4 billion going into the US stock market. Emerging market stocks experienced the 11th consecutive weekly outflow, with a total outflow of $10.5 billion; South Korean stock funds saw a record $2.5 billion outflow. European stock markets saw a $4.7 billion outflow, marking the largest outflow since November 2024. Bank of America stated that the flow of funds data indicates that 2026 will be a record year for global stock ($1 trillion inflow) and investment-grade bond ($50 billion inflow) fund flows.