What a dazzling week for mutual funds and ETFs.
$22.2 billion flowed into equity funds this week, marking the second-largest weekly inflow in history.
Inflows into emerging market equity funds this week were the largest – at $7.4 billion – of all time. Other big winners were long-only mutual funds, which recorded $8.9 billion in inflows this week – the largest since March 2000.
Does this make you feel more bullish than buying based on Fed-funded liquidity?
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