Could this be the turning point?
Data from ICI showed another 623 million of outflow from stock equity funds. This means that we have now seen 24 weeks of consecutive fund outflows and during this period, some 83.9 Billion had been withdrawn from stock equity mutual funds.
But this week's data which shows an outflow of 623 is the smallest amount of outflow since 28th April 2010.
Could this be the turning point?
Stay tuned for next week edition.
:D
Past postings:
- Shh.. Remember The Market Is Getting So Hot...Let's Not Mention The Fund Outflows
Shh.. Market's Going Higher, Let's Not Mention The Fund Flows Or Better Still Let's .....
20 Consecutive Weeks Of Fund Outflows And 71 Billion Withdrawn From Equity Funds
More Money Redeemed From Equity Mutual Funds
65 Billion Outflow From Long Term Equity Funds
58 Billion Reason Why Americans Thinks Their Stock Market Sucks!
Americans Pulled USD 53.279 Billion Out Of The Equity Markets
Stocks Rally And US Equity Investors Rallied To Get Out Of the Equity Markets
Main Street Telling Wall Street That The Equity Markets Stinks!
Stocks Are Flying To The Orbit But Investors Keeps Cashing Out!
Since 28th April 2010, Americans Pulled USD 42.116 Billion Out From Equities!
more here
No comments:
Post a Comment