An amazing set of stats from Bank of America Merrill Lynch’s latest weekly flows report. Everyone is a net seller except for CFOs doing buybacks for yet another week. How much longer can present trends persist?
Does anything matter anymore? No. Nothing matters. It’s 2016, say / do whatever you want.
Read this:
Last week, during which the S&P 500 climbed 1.1% back above 2000, BofAML clients were net sellers...
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