Bank of America renowned analyst Hartnett: Record inflows into the stock market, trade worries marginalized

Wallstreetcn
2025.03.21 12:56
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Bank of America Chief Investment Strategist Michael Hartnett pointed out that despite escalating trade concerns, funds have flowed into global stock markets at a record scale, indicating investors' skepticism about the economic recession triggered by U.S. tariff policies. According to data from EPFR Global, global equity funds recorded an inflow of approximately $43.4 billion within a week, marking the highest level this year. Market sentiment is beginning to reflect the impact of tariffs, but to a limited extent, as the S&P 500 index has fallen into a technical correction zone. Investors need to pay attention to the upcoming implementation of tariffs and their potential impact on the market