BofA: Investors Are Pouring More Money Into Stocks

Investors have poured more money into stocks over the past five months than the market has received in the past twelve years, bank of America’s weekly flow data revealed on Friday (April 9th), as ultra-easy monetary policies and unprecedented stimulus sparked a massive shift toward equities.

Bank of America said $ 576 billion went into equity funds in the past five months, outstripping recorded total flows of $ 452 billion in the past 12 years.

Bank of America said, based on customer allocations for assets, that 63.6% of the funds, a record percentage, were invested in stocks, 18.5% in debt, and 11.6% in cash.