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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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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