Flows of funds into US stock funds for 6 consecutive weeks, expected to cut FRB interest rates

12/14 11:34 AM GMT+9

According to LSEG data, the US stock fund overbought the equivalent of 6.36 billion dollars in 1 week until the 11th of this month, and funds flowed in for 6 consecutive weeks. While restraining trends are seen in labor market deceleration and price increases, expectations for interest rate cuts at the next meeting by the US Federal Reserve (FRB) have increased in the background. There was an inflow of 8820 million dollars the previous week.
The overpurchase amount of large US equity funds was 2.33 billion dollars, and small-cap funds were 2,120 million dollars. While 958 million dollars flowed into multi-cap funds, mid-cap funds were oversold by 144 million dollars.
Sector-specific equity funds have been oversold by 1,220 million dollars. The oversales amount was the largest since the week ending September 25. There were outflows of 898 million dollars in health care, 584 million dollars in general consumer goods, and 299 million dollars in finance.
The US bond fund overbought 4150 million dollars. I've been buying over for 28 weeks in a row.

The inflow of US short- and medium-term investment grade funds was 2,950 million dollars. The overpurchase amounts of general domestic tax funds and loan participation funds were 1.9 billion dollars and 1.06 billion dollars, respectively.
The money market fund (MMF), which was heavily overbought at 121.33 billion dollars the previous week, turned to an oversale of 2,670 million dollars.