Last week alone, global equity ETF inflows totaled +$145B, also a weekly record, with 54% of the flows going into U.S. equities.

Addition: Investors are entering equity markets at unprecedented speeds, reflecting strong risk appetite and confidence in the growth outlook. Such extreme inflows can continue to support prices in the near term, but historically they also warrant closer attention to positioning risks and potential overcrowding.

— BofA

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