BofA Clients Bought $1.1 Billion Of Equities

When There Is Fear We Get Greedy: Bank of America Securities said its clients bought US equities last week, pouring $1.1 billion, marking the tenth consecutive week of inflows. Month-to-date inflows from private clients as a percentage of market capitalization have already surpassed the historical January average. Hedge funds were net sellers for the sixth consecutive week, while institutional clients made modest net purchases

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