More money has gone into stock-based funds over the past five months than the previous 12 years combined, according to Bank of America. In raw numbers, $569 billion has flowed into global equity funds since November, compared with $452 billion going back to the beginning of the 2009-2020 bull market. “There’s a certain amount of logic to markets right now,” said Art Hogan, chief market strategist at National Holdings.
More money has gone into stock-based funds over the past five months than the previous 12 years combined, according to Bank of America.
ReplyDeleteIn raw numbers, $569 billion has flowed into global equity funds since November, compared with $452 billion going back to the beginning of the 2009-2020 bull market.
“There’s a certain amount of logic to markets right now,” said Art Hogan, chief market strategist at National Holdings.