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Clients Buy Equities for First Time in Seven Weeks, Biggest Week for Energy Stocks Since 2008 - BofA

November 16, 2021 9:50 AM EST

Latest BofAs client flow trends show that investors were net buyers of stocks ($1.2 billion) for the first time in seven weeks last week, during which the S&P 500 declined.

Clients bought both single stocks and ETFs, with institutional clients leading the way after six weeks of selling.

Our tax loss harvesting analysis suggests that institutional... More