Investors pour cash into equity, bond funds, dump cash – BofA

LONDON (Reuters) – Investors poured a hefty $25.6 billion into equity funds in the week to Wednesday and $17.9 billion into bond funds, the largest inflow in 10 weeks, BofA’s flow data showed on Friday. In contrast, there was an outflow of $47.3 billion from cash funds, the largest in four months, BofA said. It noted that an inflow into global stocks over the past five months at $602 billion exceeds the inflow in the prior 12 years of $452 billion. BofA also pointed to strong flows into investment-grade bonds, emerging market equities. Tech sector inflows resumed too, with $1.6 billion received, the bank added. Nick Note: I want to again make it clear to you what is going on… When you do not make the millions i think you can once again its on you… I am doing my job. This is the biggest stock market rally EVER! and it still has room to go… the”experts” got their heads so far up their doctoral asses when they look up they see stars. They do not understand how big this is.. Eventually their aldgoes and high frequency trades will pick it up… The only problem is by the time they do it will be time to short