Bank of America Says Investors Sold $15.4 Billion in U.S. Stocks in March

According to Bank of America, money moved out of U.S. equities and into international markets as the global rotation trend accelerated into the second quarter.

Summary

Bank of America said investors pulled capital from U.S. equities in March, with funds selling $15.4 billion of U.S. stocks while increasing purchases in international markets. The note points to a broader global rotation, a market shift in which investors reallocate capital across regions, and says the trend continued to build into the second quarter. The source does not specify which international markets received the inflows or provide additional breakdowns.

Terms & Concepts
  • Global rotation: A market reallocation trend in which investors move capital from one region or asset class to another based on relative opportunities or risk.
  • U.S. equities: Shares of publicly listed companies in the United States, commonly tracked through major stock indexes and fund flows.
  • Fund flows: Net money moving into or out of investment funds or markets, often used to gauge investor sentiment and positioning.