Global Equities logged +$133B worth of inflows over the past 5 weeks. This is the largest 5 week period on record by ~30% – GS Traders note January is right around the corner and this is when 37% of the YEARLY rebalances takes place. Potentially as much as $100bn of equity inflow is a guesstimate.
From Dave Lutz at Jones Trading
Continue readingIt’s not just the U.S. IPO market that is hot…International.
Just 1 percent of borrowers received a quarter of loans from the federal Paycheck Protection Program.
WHALE BUYER– The Bank of Japan has taken over as the biggest owner of the nation’s stocks, with the total value of its holdings climbing well above $400 billion – Massive exchange-traded fund purchases by the BOJ to support the market amid the pandemic this year combined with subsequent valuation gains pushed its Japanese equity portfolio to 45.1 trillion yen ($434 billion) in November.
