2015-11-13bloomberg.com

``About $12.1 billion came out of domestic stock funds, according to a statement Wednesday by the Investment Company Institute, a Washington-based trade group. Equity funds that invest outside the U.S. saw withdrawals of $461 million. The equity redemptions for the period ended Nov. 4 were the largest since the week ended Aug. 10, 2011, when $27.8 billion was pulled.'' -- We're sure that it's a bullish sign this is coinciding with record-high consumer credit growth since 2008 (because as we all know, normal behavior when you're doing well is to liquidate one's retirement funds at the same time as buying more sh*t on credit)...



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