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U.S. Stocks Could See $170 Billion Stimulus Boost, Deutsche Says

  • Firm’s survey shows sentiment is positive ‘across the board’
  • Respondents to put 37% of their stimulus cash into equities
Bloomberg business news
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U.S. stimulus checks could unleash a $170 billion wave of fresh retail inflows to the stock market, according to Deutsche Bank AG strategists.

A survey of retail investors showed respondents planned to put 37% of their stimulus cash directly into equities, a team including Parag Thatte wrote in a note Wednesday. With potentially $465 billion of direct stimulus being planned, that adds up to $170 billion, they said.