Bank of America: Investors are pumping money into stock and bond funds and giving away cash
Bank of America’s flow data revealed on Friday that investors pumped a whopping $ 25.6 billion into equity funds in the week ending Wednesday and $ 17.9 billion into bond funds, the largest inflows in ten weeks. In contrast, $ 47.3 billion was displaced from cash funds, the largest in four months, according to Bank … Read more