INVESTORS WITHDRAW $25.8 BILLION FROM U.S. EQUITY FUNDS: BofA REPORT

Highlights

• Citing data for the week to September 23 from EPFR, a financial flow tracking firm, BofA analysts said that the money was pulled out of sectors which have been the main beneficiaries of the rebound in the wake of the COVID-19 March crash

• The BofA analysts said that they don’t expect big bear move when Fed so easy, Wall Street flushed with cash, vaccine expectations strong

• The ....