Investing.com -- US equity funds are set to experience a record-breaking year with annualized inflows reaching $448 billion, Bank of America reported.
In the week ending November 11, equity funds attracted $14.4 billion, while bonds saw inflows of $9.1 billion and cryptocurrencies gained $900 million. Among other noteworthy flows, BofA highlighted that Treasuries saw outflows totaling $6.4 billion over the past two weeks, marking the highest level since December 2023.saw $6 billion in inflows over the past four weeks, the largest since February 2022, while tech stocks had their biggest inflow in six weeks at $5.4 billion.By region, US stocks marked their seventh consecutive week of inflows with $16.4 billion. In contrast, emerging market equities saw their sixth week of outflows, totaling $1.
Furthermore, “boomy” global macroeconomic data is emerging in the short term, as companies front-load activities to avoid tariffs—evidenced by record-high imports at the Port of Long Beach—and hoard labor ahead of immigration controls, leading to tumbling unemployment claims.