In the week ended October 25, investors poured $US5 billion into European equity funds, marking the biggest weekly inflow ever into the asset class (chart 1)

In the week ended October 25, investors poured $US5 billion into European equity funds, marking the biggest weekly inflow ever into the asset class (chart 1). These funds have seen nothing but inflows for the past 17 weeks when PMI surveys suggested the eurozone was finally emerging from recession. (VIEW LINK)