The Daily Hodl 2025-05-08 11:45:50

Bank of America Says Investors Pulled $8,900,000,000 out of US Markets in One Week, Fleeing to Foreign Markets: Report

Data from Bank of America (BofA) reportedly shows that investors appear to be fleeing US markets in the wake of tariff-induced volatility. The financial giant notes in a new analysis that US equities witnessed an $8.9 billion outflow in the week leading up to April 30th, CNBC reports . European equities, by contrast, witnessed a $3.4 billion inflow in the week leading up to April 30th, and Japanese stocks saw a $4.4 billion inflow. BofA also notes that for every $100 worth of inflow into the US stock market since the presidential election last November, there was $5 worth of outflow in the past three weeks. The crypto sector witnessed inflows of $2.3 billion in the past week, and high-yield bonds saw inflows of $3.9 billion, suggesting investor appetite for risk, according to BofA. Gold and Treasuries, by contrast, saw a combined $6 billion worth of outflows. The bank notes that its clients are now more worried about deflation than inflation and have been adjusting their portfolios accordingly, acquiring shares of utilities and low-volatility, high-dividend exchange-traded funds (ETFs). Last month, Bank of America’s team of market strategists warned that the US stock market’s recovery could be short-lived, advising clients to “sell into rallies in US stocks and the dollar.” The bank strategists said debasement of the US dollar is the “cleanest investment theme to play.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Bank of America Says Investors Pulled $8,900,000,000 out of US Markets in One Week, Fleeing to Foreign Markets: Report appeared first on The Daily Hodl .