Investors have poured $893 billion into global equities this year, more than the last 19 years combined

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Investors have poured $893 billion into global equities this year. Bank of America has this jarring chart:

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That well-used acronym, of course, stands for There is No Alternative, which has been somewhat of a rallying call for investors who have seen a 25% gain year to date in the S&P 500 index.

As for how much has gone into global equities — a record $893 billion worth of inflows, which exceeds a combined $785 billion of inflows of the past 19 years this year — Bank of America offers up this jarring chart: Read: On an ugly day for markets, here’s the S&P 500 level investors need to watch closely, says this trader

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This is absolutely fake news $893 billion buying means $893 selling There is no 'pouring into' BofA is publishing fake charts and data

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