Record Equity Inflows vs. Dramatic Tech Selling — Contradictory Market Signals
Global equity funds are on pace for a record $1.3T in 2026 inflows, yet Jefferies reports one of the most dramatic net tech selling periods in recent years, with over $1B sold in tech on 7 of the last 10 days.
What we know
Several accounts on X both reported BofA/EPFR data showing $1.3T global equity fund inflows on pace for 2026, 35% above 2021's record, with US equity at $636B. Yet an account on X highlighted Jefferies desk note: >$1B net sold in tech on 7 of the last 10 days — 'one of the more dramatic net selling periods in Tech in recent years.' another account on X countered that 'everyone is too bearish now' and tech is 'touching support.' another account on X flagged real yields at or above natural equilibrium (~2%), raising fiscal dominance risk. Another account on X warned Nasdaq 100 Equal Weight is at a critical support trendline through Nov 20 — a break signals bear market.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.