Investors Jump Into Stocks at Record Pace With Correction Behind
- U.S. shares see record inflows, Japanese shares in demand
- High yield bond fund outflows continue, govt bonds see inflows
Credit Suisse's Golub Says Better Economic Data, Less Inflation Fueling Markets
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The good times have returned for stock funds, weeks after the first correction in two years.
Equity funds enjoyed a record $43.3 billion inflow in the week to March 14, Bank of America Merrill Lynch said in a report, citing EPFR Global fund flow data. U.S. stock funds saw $34.6 billion of new money, an unprecedented amount, suggesting confidence in the economic outlook in spite of trade tensions and personnel shifts in the Trump administration.