Now that's rather impressive right? (except for the lack of volume :P )
Now I have been posting recently on Fund Flows out from US Equities. :P
July 9th: And The Stock Markets Rallied... Because Of....
- Equity funds had estimated outflows of $180 million for the week, compared to estimated outflows of $1.28 billion in the previous week. Domestic equity funds had estimated outflows of $227 million, while estimated inflows to foreign equity funds were $47 million.
July 16th: The Markets And Fund Flows
- Equity funds had estimated outflows of $4.23 billion for the week, compared to estimated outflows of $216 million in the previous week. Domestic equity funds had estimated outflows of $4.12 billion, while estimated outflows from foreign equity funds were $112 million.
July 22nd: And The Money Keeps Flowing Out From US Equities
- Equity funds had estimated outflows of $3.27 billion for the week, compared to estimated outflows of $4.29 billion in the previous week. Domestic equity funds had estimated outflows of $3.16 billion, while estimated outflows from foreign equity funds were $113 million.
Now surely... the Amercians can see that the S&P is going up higher and higher yes?
And despite the markets going up higher, they continued to take out money from the US equities!
Wassap?
Is there a plague with the US equities?
And here's the latest update, for the period ending 21 July 2010:
- Equity funds had estimated outflows of $1.32 billion for the week, compared to estimated outflows of $3.19 billion in the previous week. Domestic equity funds had estimated outflows of $1.53 billion, while estimated inflows to foreign equity funds were $204 million.
Now if I compile the recent data...
Now don't let me scare you but let's have a rational look at the data itself. (data source: here )
Well the week prior to 5th May was 28th April and since 28th April 2010, Americans took out a whopping 42.116 Billion out from the US Equities!
Why?
No more love for the US Equities markets?
I dunno....
ps... at this rate... it's no wonder... in regards the lack of volume in the market. LOL!
No comments:
Post a Comment