20 Consecutive Weeks Of Fund Outflows And 71 Billion Withdrawn From Equity Funds
Wednesday, September 22, 2010
Did someone said that global markets is on a BULL run?
Apparently not for the American stock markets.
From ICI website, equity fund investors had withdrawn another 3.6 Billion from their equity mutual funds!
And that's 20 consecutive weeks of fund outflows!
Twenty!
And yes, that's some 71 Billion withdrawn from the equity funds!
Imagine... funds without funds? How?
And the question to ask is WHY? They Just Don't Trust Wall Street? Is that the main reason?
Or do they really know and understand that their economy and business fundamentals is really poor?
And consider the fact that the insiders are selling!
How?
Past postings tracking the fund outflows.
- 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
Let me repeat again...
It be wise not to ass-u-me. This posting merely highlights the very fact that Americans are withdrawing their money from their long term equity funds. And they have been doing it in regardless of whether the stock market is going up or down.
And naturally it would be damn silly to suggest that this posting is suggesting anything!
LOL! Sorry but I need to put this disclaimer in. The local markets is hot and people have nothing better to send in senseless comments saying I am suggesting this and that.
ps: So why do you think the Americans are withdrawing money out continously from their long term equity funds? Let me list out some possible flawed answers. Let me know what you think could be the reason....
- They hate the stock markets.
- They no longer have faith and they no longer trust the stock markets, more so with the recent FLASH crash. Yes, HFT should be outlawed!
- They think the stock markets is going to crash because they can see it in their daily lives that their economy is sooooooooooo bad.
- They found a better option to invest their money.
- They need the money!
How?
Would you have a better reasoning?
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