US equity funds experienced significant inflows over the past week, with $39.03 billion being invested, marking the second-largest weekly inflow in the past year, according to BofA. This surge in equity inflows reflects strong investor sentiment and is driven by expectations of a Federal Reserve rate cut amid cooling inflation and robust corporate earnings. Additionally, global equity funds attracted inflows for the fourth consecutive week, also spurred by rate cut bets. US small cap funds saw the second-largest weekly inflow ever, amounting to $9.9 billion. Investment-grade bond funds have seen 38 consecutive weeks of inflows, highlighting continued investor interest in both equity and bond markets.