So Far This Year Savvy Investors Poured $24-B Into Stock Funds

Friday, it was reported that stock funds took in $24-B in the 1st week of Y 2018, the 6th-biggest inflow ever and the most in at least 6 months.

Stock-based funds raked in $24.4-B for the week through Wednesday, a total that Bank of America Merrill Lynch’s called it “blockbuster.”

So, goes the 1st week in January, so goes the market.

And, more than $2.6-B flowed into high-yield bond funds during the week ended 10 January, according to Lipper Fund Flows data released Thursday, as investors looked to get a piece of a junk-debt rally already blowing through year-end forecasts.

The inflows, which were the sector’s highest since December 2016, according to the data, come as junk spreads narrowed to the tightest since Y 2007. They have been spurred by a growing economy, easy credit conditions for troubled companies and investors seeking higher payouts in a low-rate environment.

Have a terrific weekend.

  blockbuster, funds, investors, january, stock, week

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HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Mining, Retail, Transport and Agriculture that span every continent of the world. Our clearing partners have unprecedented experience in Equities, Options, Forex and Commodities brokering, banking, physical metals dealing, floor brokering and trading.

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