According to Odaily Planet Daily, influenced by expectations of interest rate cuts from the Federal Reserve, investors have bought into stock funds for six consecutive weeks. According to data from the London Stock Exchange, net inflows into U.S. stock funds reached $6.36 billion in the past week.
Meanwhile, after significantly buying $121.33 billion in the previous week, money market funds experienced a net outflow of $2.67 billion. Over the past nine weeks, the U.S. stock market has recorded a record inflow of $186 billion. Mark Haefele, Chief Investment Officer for Global Wealth Management at UBS, stated that since November, the market has shaken off numerous unpredictable political and geopolitical events, and the rebound may continue into the first quarter.