US high-grade corporate bond market notches up biggest inflows since 2020 https://t.co/hJbwaL9sYK
$7.4 Trillion is now sitting in Money Market Funds, a new a all-time high 🚨🚨🚨 https://t.co/yUTyVadeWv
Los inversores retiran miles de millones de dólares de las acciones estadounidenses después de que el S&P 500 pusiera fin a su rally, advierte Bank of America. Preguntar a ChatGPT https://t.co/jy1C5X5wgU
Investors withdrew almost US$28 billion from US equity funds in the week to 6 August, according to a Bank of America note that cites EPFR Global data. The pull-back, which coincided with the stalling of the S&P 500’s rally, marked the largest weekly redemption from US stocks since January. The cash raised was redeployed chiefly into money-market vehicles, which attracted about US$106.7 billion—the strongest weekly inflow since January and one that lifted total money-market assets to a record US$7.4 trillion. Global equity funds also saw US$41.7 billion of net outflows during the period. Fixed-income products benefited from the risk-off shift. Investment-grade and high-yield bond funds together drew US$28.5 billion, the biggest addition since June 2020, while dedicated US high-grade corporate bond funds logged their largest weekly inflow in five years. Bank of America strategist Michael Hartnett said the rotation reflects mounting worries that sweeping US tariffs and softer labour-market readings are starting to weigh on economic growth. He added that concentrated leadership in megacap stocks is likely to persist even as broader market sentiment cools.
