BofA clients buy mid-cap stocks at record pace

The rotation is the story: after a sharp de-risking week, BofA's client flow data shows money moving down the market-cap ladder rather than back into large-caps, with mid-caps setting a record and healthcare drawing the strongest sector interest. That pattern suggests positioning is being rebuilt in less crowded, more domestically geared segments, which matters for anyone tracking where liquidity is concentrating. Whether this mid-cap bid persists or proves a one-week rebound after the prior outflows is the open question.