Investors Pulled $2.7 Billion Out Of U.S. Stock Funds In Latest Week, $69 Billion So Far This Year (CHART)

Weekly Stock Mutual Fund Outflows (2012)

Notice that only 5 of 29 weeks have seen positive inflows.

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CNN Money

The retreat from the U.S. stock market continued last week.  Another $2.7 billion was pulled from U.S. stock market mutual funds during the week ended Aug. 15, according to the Investment Company Institute, bringing the 2012 outflow total to more than $69 billion.  By comparison, those funds lost in the neighborhood of $40 billion during the first seven months of 2010 and 2011.  While stock mutual funds have been bleeding money, investors have shown a voracious appetite for bond funds which raked in $7.2 billion last week, the most since early April, according to ICI data.

Recent charts:

Stocks Vs. Bonds Vs. Gold

Apple Is Now The Most Valuable Company Of All Time

Comments

[LiberatedCitizen]

The Un-Mourned Victims Of Our Bankster Politics

http://market-ticker.org/akcs-www?post=210580

[SKINFLINT]

Most excellent piece here L.C. Thanks so much.