Informa Intelligence

In the week just passed, the bond market continued its bullish recovery, though with far less of the fundamental impetus that followed the prior week’s litany of economic disappointments.

We recently saw a “death cross” in the 200-day and 50-day moving averages. But despite the foreboding name, turbulence may be minimal.

European equity ETF inflows abruptly slowed to less than 1 percent of assets in the wake of ECB head Mario Draghi’s hint at a reduction in stimulus. Buying interest has shifted to emerging-market equities.

In the week just passed, the market enjoyed a brisk technical sell-off, abetted perhaps by a better balance of economic data than has been the case.

Investors in actively managed U.S. equity funds pulled money out for the 51st time in the past 52 weeks.

A 14-week streak continued while nearly $38 billion has been put toward emerging market equity funds this year.

In 24 out of 25 of the past weeks, investors put fresh money into bond funds

Precious metals and commodities continue to lose popularity, as real estate and health care funds continue longest run of inflows since late last year.

After a 31-week high of $24.5 billion, equity funds failed to crack $1 billion in the week ending June 21.

Emerging market and global bond funds also had inflows.