Global equity funds saw net inflows of $18.62 billion over the week. The core drivers were a strong earnings season plus easing oil prices working together to restore risk appetite: the MSCI Global Index’s constituent stocks that have reported earnings delivered a year-over-year surge in profits of 40.9%, with about 75% beating expectations. Amazon’s cloud business posted its strongest growth in more than four years, and Caterpillar and Palantir also reported strong results. Combined with falling oil prices that softened market concerns about inflation, capital rotated from debt into equities.
European funds attracted $12.52 billion in net inflows over the week, Asia-Pacific funds received $8.15 billion net, and net inflows into emerging-market equity funds climbed to more than a five-month high.
📈 U.S. stocks: The AI narrative is intact. Cloud capital expenditures of $1.5 trillion provide support, with Nvidia (NVDA), Microsoft (MSFT), Amazon (AMZN), and Meta (META) all remaining strong over the medium to long term; however, semiconductors experienced a short-term seasonal pullback. Morgan Stanley noted that capital is rotating toward cloud giants, implying near-term ⚖️ choppy trading with bias toward consolidation.
📈 Korean stocks: Goldman Sachs raised its KOSPI target to 12,000 points. Samsung Electronics and SK Hynix benefit from the HBM super-cycle, with expected 2026 EPS growth reaching as high as 320%. The valuation is only 8x forward PE, implying a positive medium to long-term 📈 outlook; but in the short term, the two-month rally has doubled, and crowded leverage positions create pressure for profit-taking. The risk of a short-term 📉 pullback should not be ignored.
Net fund inflows are a lagging indicator. After earnings are confirmed, volatility often amplifies. Chasing momentum requires timing. #全球股票基金净流入186.2亿美元
$KORU
$SKHYNIX
$NVDA
European funds attracted $12.52 billion in net inflows over the week, Asia-Pacific funds received $8.15 billion net, and net inflows into emerging-market equity funds climbed to more than a five-month high.
📈 U.S. stocks: The AI narrative is intact. Cloud capital expenditures of $1.5 trillion provide support, with Nvidia (NVDA), Microsoft (MSFT), Amazon (AMZN), and Meta (META) all remaining strong over the medium to long term; however, semiconductors experienced a short-term seasonal pullback. Morgan Stanley noted that capital is rotating toward cloud giants, implying near-term ⚖️ choppy trading with bias toward consolidation.
📈 Korean stocks: Goldman Sachs raised its KOSPI target to 12,000 points. Samsung Electronics and SK Hynix benefit from the HBM super-cycle, with expected 2026 EPS growth reaching as high as 320%. The valuation is only 8x forward PE, implying a positive medium to long-term 📈 outlook; but in the short term, the two-month rally has doubled, and crowded leverage positions create pressure for profit-taking. The risk of a short-term 📉 pullback should not be ignored.
Net fund inflows are a lagging indicator. After earnings are confirmed, volatility often amplifies. Chasing momentum requires timing. #全球股票基金净流入186.2亿美元
$KORU
$SKHYNIX
$NVDA