US Equity Funds See Outflows Ahead of Nvidia Earnings, Fed Speech
By EC Assets · Published
US equity funds recorded their largest weekly outflow since March. This movement occurs ahead of Nvidia earnings and a significant Federal Reserve event. Federal Reserve Chair Kevin Warsh is scheduled to deliver a key speech on Friday at Jackson Hole. Citrini Research indicates that Federal Reserve Chair Kevin Warsh and Treasury Secretary Scott Bessent are working in coordination. Their aim is to reduce long-term bond yields. This coordination is part of a plan to address a $326 billion hole on bank balance sheets. The Jackson Hole speech by Chair Warsh is a notable event. Separately, Jim Cramer noted that strong earnings from Nvidia and Salesforce disrupted two bear narratives previously impacting tech stocks. This article is intended for informational purposes only. It does not constitute investment advice.
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