This week’s chart looks at the amount of money flowing into global stock funds on a weekly basis, as compiled by the Investment Company Institute.
For most of the year, money has been flowing out of stocks—to the tune of about $9.5 billion a week. However, after the vaccine announcement on Monday, November 9th, investors poured more than $22 billion into global equity funds—the most in nearly two years!
This surge in new money—primarily driven by large institutional investors—helped push global stocks markets to new records last week. And the S&P 500 stock index, a measure of the 500 largest companies in the United States, has climbed roughly 9% since the start of November.
This is intended for informational purposes only and should not be used as the primary basis for an investment decision. Consult an advisor for your personal situation.
Indices mentioned are unmanaged, do not incur fees, and cannot be invested into directly.
Past performance does not guarantee future results.