#Latest news with #fundinflowsBloomberg2 days agoBusinessBloombergBofA's Hartnett Says Stocks Are Close to Setting Off Sell SignalGlobal stocks are close to triggering a sell signal as both fund inflows and the market breadth are running too hot, says Bank of America Corp. strategist Michael Hartnett. He cited a data point that stock and high-yield bond inflows have totaled 0.9% of fund managers' overall assets in the past four weeks. In his view, investors should sell if the ratio increases to more than 1%.
Bloomberg2 days agoBusinessBloombergBofA's Hartnett Says Stocks Are Close to Setting Off Sell SignalGlobal stocks are close to triggering a sell signal as both fund inflows and the market breadth are running too hot, says Bank of America Corp. strategist Michael Hartnett. He cited a data point that stock and high-yield bond inflows have totaled 0.9% of fund managers' overall assets in the past four weeks. In his view, investors should sell if the ratio increases to more than 1%.
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