[Bank of America: Investors withdrew a record $172.2 billion in cash over the past week, with significant inflows into the stock market] On April 17, Bank of America stated that in the week ending Wednesday, investors withdrew a record $172.2 billion from cash and money markets. This phenomenon was primarily driven by optimism regarding the potential end of the Iran war and tax-related fund flows. Additionally, substantial funds flowed into the stock market, mainly due to large-scale capital returning to U.S. equities, which hit an all-time high this week. The stock market saw $11.3 billion in inflows, including $17.4 billion into U.S. equities. Emerging market stocks experienced their 11th consecutive weekly outflow, with $10.5 billion in outflows; South Korean equity funds recorded a record $2.5 billion in outflows. European equities saw $4.7 billion in outflows, marking the largest outflow since November 2024. Bank of America noted that fund flow data indicates that 2026 will be a record-breaking year for global equities (with inflows reaching $1 trillion) and investment-grade bonds (with inflows of $5 billion). (Dongxin News Agency)