π#markets #world #flow
weekly financial flows - BofA -EPFR (week through Mar. 15):
WORLD STOCKS = -$0.026B #stocks
US TREASURY BONDS = +$9.8B = he strongest weekly inflow since May 2022 #bonds
βοΈWORLD CASH = +$112.7B = strongest weekly inflow since Apr. 2020 #cash
EM BONDS = -$3.1B = strongest weekly outflow since Nov. 2020 #em
GOLD = +$0.6B
BofA : Bull & Bear Indicator = min since Jan. 2023
β οΈ#sentiment #riskoff
weekly financial flows - BofA -EPFR (week through Mar. 15):
WORLD STOCKS = -$0.026B #stocks
US TREASURY BONDS = +$9.8B = he strongest weekly inflow since May 2022 #bonds
βοΈWORLD CASH = +$112.7B = strongest weekly inflow since Apr. 2020 #cash
EM BONDS = -$3.1B = strongest weekly outflow since Nov. 2020 #em
GOLD = +$0.6B
BofA : Bull & Bear Indicator = min since Jan. 2023
β οΈ#sentiment #riskoff
πΊπΈ#cash #monetarypolicy #us #flow #markets
Fed rate and the volume of assets in US money-market funds = flight to cash continues
Fed rate and the volume of assets in US money-market funds = flight to cash continues
π#markets #world #flow
weekly financial flows - BofA -EPFR (week through Apr. 26):
WORLD STOCKS = +$0.023B #stocks
WORLD BONDS = +$7.4B #bonds
WORLD CASH = +$52.3B #cash
GOLD = +$0.2B #gold
CHINA STOCKS = +$6.1B = biggest inflow since Jan, 2022 #china
TECH STOCKS = +$1.2B = biggest inflow since Nov, 2022 #tech
US BONDS = +$3.7B = consecutive weeks of inflows #us
weekly financial flows - BofA -EPFR (week through Apr. 26):
WORLD STOCKS = +$0.023B #stocks
WORLD BONDS = +$7.4B #bonds
WORLD CASH = +$52.3B #cash
GOLD = +$0.2B #gold
CHINA STOCKS = +$6.1B = biggest inflow since Jan, 2022 #china
TECH STOCKS = +$1.2B = biggest inflow since Nov, 2022 #tech
US BONDS = +$3.7B = consecutive weeks of inflows #us
π#markets #world #flow
weekly financial flows - BofA -EPFR (week through May. 3):
WORLD STOCKS = -$6.6B = strongest outflow over the last 9 weeks #stocks
US GROWTH STOCKS = -$1B = strongest outflow over the last 10 weeks #growth
WORLD BONDS = +$11B #bonds
WORLD CASH = +$59.5B #cash
GOLD = +$0.2B #gold
weekly financial flows - BofA -EPFR (week through May. 3):
WORLD STOCKS = -$6.6B = strongest outflow over the last 9 weeks #stocks
US GROWTH STOCKS = -$1B = strongest outflow over the last 10 weeks #growth
WORLD BONDS = +$11B #bonds
WORLD CASH = +$59.5B #cash
GOLD = +$0.2B #gold
π#markets #world #flow
weekly financial flows - BofA -EPFR (week through May. 31):
WORLD STOCKS = +$14.8B = biggest inflow since Fed. 2023 #stocks
TECH STOCKS = +$8.5B = record weekly inflow #tech
WORLD CASH = inflow for 6 consecutive weeks #cash
BofA: Bull & Bear indicates a moderate bearish sentiment in risky assets #sentiment
weekly financial flows - BofA -EPFR (week through May. 31):
WORLD STOCKS = +$14.8B = biggest inflow since Fed. 2023 #stocks
TECH STOCKS = +$8.5B = record weekly inflow #tech
WORLD CASH = inflow for 6 consecutive weeks #cash
BofA: Bull & Bear indicates a moderate bearish sentiment in risky assets #sentiment
π#markets #world #flow
weekly financial flows - BofA -EPFR (week through June. 14):
WORLD STOCKS = +$22B = biggest inflow since Nov. 2022 #stocks
WORLD CASH = -$38B = first outflow in 7 weeks #cash
US BONDS = +$2B #bonds
global equities have seen inflows since the start of the year = +$50B, Inflows into global bonds = +$173B
weekly financial flows - BofA -EPFR (week through June. 14):
WORLD STOCKS = +$22B = biggest inflow since Nov. 2022 #stocks
WORLD CASH = -$38B = first outflow in 7 weeks #cash
US BONDS = +$2B #bonds
global equities have seen inflows since the start of the year = +$50B, Inflows into global bonds = +$173B
π#markets #world #flow
weekly financial flows - BofA -EPFR (week through June. 21):
WORLD STOCKS = -$5B #stocks
TECH STOCKS = -$2B = highest weekly outflow in 10 weeks #tech
FIN STOCKS = +$1B = highest weekly inflow in 10 weeks #banks
WORLD BONDS = +$5.4B #bonds
WORLD CASH = -$13.9B #cash
GOLD = -$1B #gold
UK STOCKS = outflows persist for 24 consecutive weeks #uk
INVESTMENT-GRAD BONDS = 12 consecutive weeks of outflows = the longest streak since October 2021 #ig
BofA: BofA Bull & Bear Indicator signals worsening sentiment in risk assets.
weekly financial flows - BofA -EPFR (week through June. 21):
WORLD STOCKS = -$5B #stocks
TECH STOCKS = -$2B = highest weekly outflow in 10 weeks #tech
FIN STOCKS = +$1B = highest weekly inflow in 10 weeks #banks
WORLD BONDS = +$5.4B #bonds
WORLD CASH = -$13.9B #cash
GOLD = -$1B #gold
UK STOCKS = outflows persist for 24 consecutive weeks #uk
INVESTMENT-GRAD BONDS = 12 consecutive weeks of outflows = the longest streak since October 2021 #ig
BofA: BofA Bull & Bear Indicator signals worsening sentiment in risk assets.
β οΈπΊπΈ#cash #stocks #bonds #us #tbils #history
for the first time since 2000, cash yields have surpassed stock yields = historically, in such situations, the US stock market has experienced significant declines (1969 = -20%; 1973 = -40%; 1980 = -26%; 1990 = -20%)
ββββββββββ-
billionaire Ray Dalio said he doesnβt want to own bonds and prefers cash
for the first time since 2000, cash yields have surpassed stock yields = historically, in such situations, the US stock market has experienced significant declines (1969 = -20%; 1973 = -40%; 1980 = -26%; 1990 = -20%)
ββββββββββ-
billionaire Ray Dalio said he doesnβt want to own bonds and prefers cash
πΊπΈ#cash #buyback #stocks #us
BofA: total cash on US corporate balance sheets remains at a record high.
βββββββ
Ρash often goes to buybacks, which have been the primary driver of the S&P 500's growth since 2011
BofA: total cash on US corporate balance sheets remains at a record high.
βββββββ
Ρash often goes to buybacks, which have been the primary driver of the S&P 500's growth since 2011
βοΈπ#cash #flow #markets
in 2023, money market fund inflows reached a record high β BofA/EPFR
#stocks record cash inflows show lots of investors missed out on the stock rally β BBG
a record $6T in cash on the sidelines will boost the stock market in 2024. The expectation is that once the Fed starts to lower interest rates, investors will shift money out of cash and into riskier assets. Any downturns in the stock market are expected to be short-lived β Fundstrat
#sentiment SP500 could reach 6,000 by 2025 due to the recovery of the U.S. economy and AI β Yardeni
in 2023, money market fund inflows reached a record high β BofA/EPFR
#stocks record cash inflows show lots of investors missed out on the stock rally β BBG
a record $6T in cash on the sidelines will boost the stock market in 2024. The expectation is that once the Fed starts to lower interest rates, investors will shift money out of cash and into riskier assets. Any downturns in the stock market are expected to be short-lived β Fundstrat
#sentiment SP500 could reach 6,000 by 2025 due to the recovery of the U.S. economy and AI β Yardeni
π¬π§#stocks #uk #bonds #cash #strategy
If you had invested Β£100 in UK stocks in 1899 and reinvested all the income, you would now have nearly Β£55,000 in real terms. In comparison, if you had invested in UK government bonds (Gilts), you would have nearly Β£550, and if you had invested in the money market (T-Bills), you would have nearly Β£300.
If you had invested Β£100 in UK stocks in 1899 and reinvested all the income, you would now have nearly Β£55,000 in real terms. In comparison, if you had invested in UK government bonds (Gilts), you would have nearly Β£550, and if you had invested in the money market (T-Bills), you would have nearly Β£300.
πΊπΈ#stocks #us #bonds #cash #strategy
If you had invested $100 in American stocks in 1925 and reinvested all the income, you would now have $57,471 in real terms. In comparison, if you had invested in American bonds, you would have $776, and if you had invested in the money market (cash), you would have $134.
If you had invested $100 in American stocks in 1925 and reinvested all the income, you would now have $57,471 in real terms. In comparison, if you had invested in American bonds, you would have $776, and if you had invested in the money market (cash), you would have $134.
β οΈ#stocks #us #cash
Goldman: US households' stock allocation = historic high, while debt levels = historic low.
#bubble the last time this occurred was in 1999, when the market rose for several more months before peaking in March 2000, just ahead of the dot-com bubble burst.
βββββββββββββ
Stifel: US stock market bubble continues to inflate. It will burst in 2025 (chart)
Goldman: US households' stock allocation = historic high, while debt levels = historic low.
#bubble the last time this occurred was in 1999, when the market rose for several more months before peaking in March 2000, just ahead of the dot-com bubble burst.
βββββββββββββ
Stifel: US stock market bubble continues to inflate. It will burst in 2025 (chart)