BofA: US stocks see biggest weekly inflows since mid-July

The scale of institutional and hedge fund buying, rather than retail participation, makes this a distinctly professional vote of confidence in US equities. Two consecutive weeks of net purchases suggest a shift in risk appetite among the largest market participants, which can carry more weight than headline flow numbers. The key question is whether this institutional momentum sustains itself, as such concentrated buying often follows periods of underpositioning and can quickly reverse if macro conditions shift.