Investors pumped $45 billion into stocks last month, the biggest inflow in over a year as recession fears melt away

• Investors poured $45 billion into the stock market in June, Bank of America said.
• That's as inflation fades and recession fears appear to be on the decline, spurring more bullishness. 
• Inflation cooled to 3% in June, which helped drive $12 billion into stocks in a single week this month. 

Investors in June pumped more money into stocks than they have in a single month since March 2022, as fears of a recession fade.