BOA: Equity Flows Reverse As Investors Bet On Reflation And Bonds

Equity Flows Reverse Last week’s weekly Flow Show report from Bank of America Merrill Lynch, compiled by the bank’s Chief Investment Strategist Michael Hartnett and based on the bank’s private client investor positioning, reveals that after several months of equity buying from investors, the risk off trade is returning. Jefferies: Buy Value For Reflationary Trade BoA: The Trump Reflation Trade Is Starting To Unwind Reflation To Remain A Cross-Asset Driver, Cash Upgraded: Goldman According to the report, after weeks of record equity inflows, equities flows totaled a tiny $0.2 billion for the week of 25 January 2017. As investors pulled…