According to Bank of America, $40 billion was invested into the stock market in the last two weeks

Over the last two weeks, equities attracted $40 billion in inflows, marking their most substantial two-week influx since February 2022, according to Bank of America analysis.

As far as the week to November 21, cash emerged as the primary winner, drawing $40 billion. Stocks attracted $16.5 billion, bonds $4 billion, and gold $700 million.

Notable inflows included gold, investment-grade bonds, and technology funds. In terms of regional breakdown, the U.S. experienced its 6th consecutive week of inflows, and emerging markets faced their 7th week of outflows.

Elsewhere, Japan witnessed its 3rd week of outflow, and Europe had its 37th week of outflows.

BofA's analysis, which used data from EPFR Global, also identified the winners and losers in the 2023 flow of capital, with $1.2 trillion going into cash, $186 billion going into Treasuries, $145 billion going into investment-grade bonds, and $143 billion going into stocks.

(Sources: investing.com, reuters.com)