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Buy-the-dip Mentality Continues to Dominate, Last Week's $5.9 Billion Stock Inflows Were Fourth Largest Since 2008 - BofA
September 28, 2021 7:07 AM EDTBofA strategist Jill Carey Hall took note of big, broad equity inflows that occurred last week.
The S&P 500 closed the week half a percent higher as investors used the pullback to add to their long positions. In total, investors poured $5.9 billion in US equities last week, marking the third consecutive stock-buying week.
Inflows were the fourth-largest in our data history since 08... More
