[Bank of America: U.S. stocks see $39 billion inflow in a single week, but strategist team still 'leans toward risk avoidance'] BlockBeats News, October 16 — According to the latest report from Bank of America, U.S. equity funds saw a $39 billion inflow in a single week, and at the current pace, the annualized inflow for this year is expected to reach $636 billion, setting a record high. U.S. Treasury funds recorded inflows for the 16th consecutive week, marking the longest streak since August 2024. However, the Bank of America strategist team, led by Michael Hartnett, still 'leans toward risk avoidance,' citing reasons such as rising real yields, price trends in AI and banking stocks, and potential volatility from the midterm elections. EPFR data shows that as of the week ending October 14, global equity funds saw inflows of approximately $64.5 billion. U.S. large-cap stocks attracted $32.5 billion, while growth, value, and small-cap stocks saw inflows of $1.6 billion, $1.2 billion, and $1.1 billion, respectively. Technology stocks led with $10.7 billion in inflows, while financial and consumer stocks saw outflows of $1.4 billion and $600 million, respectively. Emerging markets recorded $17.7 billion in inflows, Japan saw $400 million, and Europe experienced $1.5 billion in outflows. Safe-haven assets were also favored: U.S. Treasuries saw $3.6 billion in inflows, investment-grade bonds attracted $3.5 billion, municipal bonds gained $4.5 billion, and emerging market bonds saw $800 million in inflows. High-yield bonds recorded $900 million in outflows for the third consecutive week. Cash funds saw outflows of $53.1 billion, gold attracted only $100 million, and cryptocurrencies experienced outflows of approximately $600 million. Bond funds overall recorded $11.8 billion in inflows. The fund flow trends contrast sharply with the cautious stance expressed by Bank of America's strategist team.