On April 17, Bank of America reported that in the week ending Wednesday, investors withdrew a record $172.2 billion from cash and money markets. This phenomenon is primarily attributed to optimism regarding the potential end of the war in Iran and tax-related fund flows. Additionally, there was a significant influx of funds into the stock market, mainly due to a large amount of money returning to U.S. equities, which reached a historic high this week. The stock market saw an inflow of $11.3 billion, with $17.4 billion specifically flowing into U.S. stocks. Emerging market equities experienced their 11th consecutive week of outflows, totaling $10.5 billion; South Korean equity funds faced a record outflow of $2.5 billion. European stock markets saw an outflow of $4.7 billion, the largest since November 2024. Bank of America noted that the flow of funds data indicates that 2026 will be a record year for global equities (with inflows reaching $1 trillion) and investment-grade bonds (with inflows of $50 billion). (Dongxin News Agency)