ChainCatcher report, according to Jinshi, as the Middle East situation escalates and inflation concerns intensify, U.S. retail investors are reducing their support for the stock market, with risk appetite cooling. A team led by strategist Arun Jain at JPMorgan Chase reported that weekly retail stock purchases have declined by approximately 30%. Over the five trading days ending Wednesday, net retail inflows fell to $6.7 billion, below the $7.1 billion average over the past 12 months. Inflows into ETFs dropped 22% to $6.3 billion.
Retail investor stock purchases decline 30% amid geopolitical tensions and inflation concerns.
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Summary
Retail investor stock purchases fell 30% last week as investor sentiment weakened amid rising geopolitical tensions and new inflation data. According to JPMorgan’s Arun Jain, net retail inflows dropped to $6.7 billion, below the 12-month average of $7.1 billion. ETF inflows also declined 22% to $6.3 billion.
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