More Fund Outflows Seen

Yet another week .........

Here's the score.

Since April 28th, according to ICI data, some 88.3 Billion have been withdrawn by Americans from the equity mutual funds. That's 27 weeks in a row babe! And if you refer to this earlier posting, it doesn't matter if the markets are going up or down, Americans simply wants out from their long term stock mutual funds.

Past postings:

• Equity Fund Sellers: They Are Baaaaack! 87 Billion Redeemed
• Equity Fund Outflows Shrinks Once Again
• Smallest Outflow Seen In Equity Funds
• 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• 20 Consecutive Weeks Of Fund Outflows And 71 Billion Withdrawn From Equity Funds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 Funds65 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