BofA Says US Stocks Suffer Big Outflows in Runup to Fed Meeting

-- US stocks saw hefty outflows in the runup to the Federal Reserve’s policy meeting that took the S&P 500 Index to fresh all-time highs.What Happens If Trump Can’t Post His $454 Million BondUS equity funds suffered redemptions of about $22 billion in the week through Wednesday — the biggest since December 2022, according to a note from Bank of America Corp., citing EPFR Global data. That’s alongside a 1.

Bank of America strategist Michael Hartnett, on the other hand, has warned that the gains are indicative of a bubble. The strategist had remained bearish on stocks last year despite a sharp rally in the S&P 500. Among other highlights from the note, cash funds posted outflows of over $61 billion, the most since October. Global bond funds registered inflows of $5.4 billion.5 tax changes to watch out for in the upcoming federal budgetKey Insights Using the 2 Stage Free Cash Flow to Equity, Enbridge fair value estimate is CA$85.32 Current share price...

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