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FOMO is Alive With Retail Investors Aggressively Buying Dips - BofA

March 1, 2022 8:47 AM EST

BofA strategist Jill Carey Hall has reflected on last weeks equity flows. The strategist notes that clients returned to buying US equities ($4.6 billion) after selling the prior week.

All three groups (institutional clients, hedge funds, private clients) were buyers, led by institutional clients. Clients were mostly buying large caps, after selling those the prior two weeks. Clients were also selling small caps for the first time in... More