Bank of America: Overlooked Risks of Stagnation, Record High Inflows of Funds into US Stocks in a Single Week

A report from Bank of America shows that due to investors' lack of concern about stagflation risks, funds flowing into the US stock market have reached a historic high. As of the week ending March 13th, US stock funds received a total of $56 billion in inflows, with the majority going into the technology sector, reaching $6.8 billion. Despite the macro situation shifting from a golden-haired girl scenario to stagflation, the above situation is still occurring. Inflation rates in developed and emerging markets remain high, and cracks are finally appearing in the US labor market. According to information provided on the website, the economic data released in the US this week is mixed. February's PPI exceeded expectations, CPI is also rising rapidly, while initial and continuing jobless claims are lower than expected.