One Bank Turn Apocalyptic: "The Fed Will Inevitably Move To YCC" As "Rates Are No Longer Anchored"
One Bank Turn Apocalyptic: "The Fed Will Inevitably Move To YCC" As "Rates Are No Longer Anchored" by Tyler Durden Saturday, Mar 06, 2021 - 07:58 AM Another week, another massive inflow into equity funds... just as the Nasdaq was about to get hammered with a painful 10% correction. According to BofA Chief Investment Strategist Michael Hartnett's latest Flow Show note, $22.2Bn in new money flowed into equities last week, following the previous week's massive $46.2Bn inflow which was the 3rd biggest on record, bringing the total 16 week inflow to $436BN, a stunning outlier as shown in the chart...