Worth noting that net ETF inflow goes negative as investors withdraw from the stock market, so the past 19 years cited in this article includes both periods of

Worth noting that net ETF inflow goes negative as investors withdraw from the stock market, so the past 19 years cited in this article includes both periods of net inflows and periods of net outflows. The article notes that the most recent week saw a net outflow from the stock market: > One possible sign of skittishness: investors have pulled money from stock funds only twice this year, and the second time was in the past week. Equity funds had $2.7 billion outflows in the week through Nov. 23, according to BofA. Also important to note that this is largely a product of low interest rates, not just stimulus money as many are suggesting. The stock market becomes the investment location of choice as low interest rates make bonds and money market unattractive. Article mentions this at the very bottom: > The amount of money moving into the stock market dwarfed anything else this year. Bond funds attracted just $496 billion and money market funds received about $260 billion.