Investing.com -- US equity funds recorded their largest weekly inflows since March, receiving $55.8 billion in the period through Nov. 13, according to Bank of America, citing EPFR Global data.
The bank’s note features an extraordinary chart that underlines the unprecedented dominance of the US stock market. BofA strategists said their Bull & Bear Indicator dipped slightly to 5.9 from 6.2, which they believe “simply signals that extreme bullishness thus far confined to US stocks rather than all global markets & other risk assets.”
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