Investors have been rushing off the sidelines this year and show no signs of letting up.
So far, they’ve pumped more than $60 billion into mutual funds and ETFs that hold U.S. stocks, according to research firm TrimTabs.
That’s already more than any full calendar year since 2004. And if the pace keeps up, this year’s inflow would be the largest since 2000.
Investors dove right in at the start of the year, pouring more than $30 billion into U.S. stocks in January, but inflows in February were barely positive.
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