Since 28th April 2010, Americans Pulled USD 42.116 Billion Out From Equities!
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 0 million for the week, compared to estimated outflows of .28 billion in the previous week. Domestic equity funds had estimated outflows of 7 million, while estimated inflows to foreign equity funds were million.
July 16th: The Markets And Fund Flows
- Equity funds had estimated outflows of .23 billion for the week, compared to estimated outflows of 6 million in the previous week. Domestic equity funds had estimated outflows of .12 billion, while estimated outflows from foreign equity funds were 2 million.
July 22nd: And The Money Keeps Flowing Out From US Equities
- Equity funds had estimated outflows of .27 billion for the week, compared to estimated outflows of .29 billion in the previous week. Domestic equity funds had estimated outflows of .16 billion, while estimated outflows from foreign equity funds were 3 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 .32 billion for the week, compared to estimated outflows of .19 billion in the previous week. Domestic equity funds had estimated outflows of .53 billion, while estimated inflows to foreign equity funds were 4 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!
Date: 2010-07-30 08:04:00
Source: Since 28th April 2010, Americans Pulled USD 42.116 Billion Out From Equities!
URL: http://whereiszemoola.blogspot.com/2010/07/since-28th-april-...
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