What does this line mean?
"However, the rally this year has been despite outflows from equity funds, according to Bank of America data, suggesting gains have been driven by corporate buybacks of stocks."
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And whys Chinas up by 29.61% this year?
https://tradingeconomics.com/china/stock-market
Australia's up 20%..
https://www.abc.net.au/news/2019-04-...-high/11042236
Germanys up 15.76%
https://tradingeconomics.com/germany/stock-market
Japan up 13.7%
https://tradingeconomics.com/japan/stock-market
--- In fact its hard to find western countries that don't have an increase. Good to see that Trumps managing to keep the USA up but behind international markets, but sad when you read into it being mostly based on stolen and borrowed money.