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Bank of America reports largest weekly outflow from U.S. Big Pan stocks in 16 months

Bank of America (Bank of America) said that in the week ending Wednesday, the U.S. big rock stocks suffered the largest weekly outflows since December 2022, traders are worried that the continued high inflation will further promote interest rate cuts, geopolitical tensions also aggravate the cautious mood. Bank of America in the use of EPFR data on the global market capital inflows and outflows in the weekly pan points, said the United States this week, big rock stocks outflow of $ 15.8 billion, the whole stock market outflow of $ 19.6 billion. In the week ending Wednesday, stocks tumbled after stronger-than-expected U.S. inflation data on Wednesday, after Wall Street was thrown into a panic last Thursday by hawkish comments from Federal Reserve officials and a rise in the price of oil to more than $90 a barrel.

Investors bought 25% shares of U.S. Affordable Housing stock in the fourth quarter, after news broke that the stock had bounced back in surprising places.

Americans looking for affordable housing have become accustomed to bad news about the real estate market, with a recent report from Redfin showing that in the fourth quarter of 2023, investors purchased 26% of the U.S. affordable housing stock, a blow to homebuyers whose purchasing power has been severely eroded by a lack of inventory, soaring home prices and high interest rates. Redfin's report paints a stark picture of the crisis facing many potential homebuyers in the U.S. and illustrates the severity of the problem.
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