Recent data indicates a significant surge in domestic equity inflows, marking the highest levels since 2021. Reports from ICI, EPFR, and Deutsche Bank highlight the substantial increase in investments into US equities, with equity funds receiving massive inflows of $56 billion over the past week, contributing to a total of $260 billion since late May. This influx of investments has positioned equity inflows well into the upper half of their historical range, as per Deutsche Bank's analysis. However, despite the considerable consolidated equity positioning, it has not yet reached the extreme levels observed in 2021.
"Last week saw massive inflows into equity funds ($56bn), on top of already very strong inflows since late May ($260bn). As a proportion of personal income, equity inflows are now well into the upper half of their historical range." - DB https://t.co/5K8r2j0iXT
Consolidated equity positioning is very long, but not yet at the extremes we saw in 2021, according to Deutsche Bank. https://t.co/V1ykrOYWZ4
About those equity inflows YTD https://t.co/CrUgHNVjZS