BofA Merrill Lynch memo notes big equity outflows from EU banks but stays upbeat on reflation trade

BofA Merrill Lynch memo notes big equity outflows from EU banks but stays upbeat on reflation trade The passage is an internal sales comment from a bank analyst highlighting market sentiment and equity outflows. It contains no specific names of high‑ranking officials, financial transactions, or wrongdoing, offering only generic market commentary. While it could be a modest lead for tracking equity flow trends, it lacks actionable investigative detail or controversy. Key insights: EU banks have experienced significant equity outflows over the past 40 weeks and year‑to‑date.; BofA Merrill Lynch’s Bull & Bear Indicator is at 7.1, near a sell signal.; Analysts remain optimistic about a reflation trade, recommending long equities, short rates, and selective long USD.