The Kobeissi Letter, a financial markets commentary publication, reported on Saturday, November 14, 2026, that global equity funds experienced substantial inflows. The publication stated, "Global equity funds attracted +$98 billion in inflows in the week ending November 11th, their 2nd-largest weekly inflow on record. This marks the 5th consecutive weekly intake, totaling ~$350 billion. As a result, the 4-week moving average of inflows is up to ~$75 billion, its largest reading on record. By comparison, during the memestock mania in 2021, the 4-week average of inflows peaked at ~$45 billion. Meanwhile, global equity technology funds attracted +$2.6 billion in the week ending November 11th, bringing their 3-week inflow up to +$9.1 billion. Investors are aggressively buying the dip."
These significant inflows into equity funds occur as analysts tighten forecasts for S&P 500 earnings beats. Recent coverage noted that companies like Broadcom and Analog Devices are facing scrutiny ahead of their earnings reports, with some analysts trimming expectations. Despite these pressures, the data from Kobeissi Letter suggests a robust appetite for equities, particularly in technology, where NVDA shares are trading at $162.85. The Nasdaq Composite is down 0.9% today, while the S&P 500 is down 0.4%.
The reported record inflows indicate a strong conviction among investors to capitalize on current market valuations, viewing recent price movements as opportunities rather than a signal for caution. This aggressive buying of the dip, as described by Kobeissi Letter, could suggest expectations for continued growth in equity markets. The sustained high level of inflows, surpassing previous peaks like the 2021 memestock mania, suggests a potentially durable shift in investor sentiment toward equities.
