"Our Children and Grandchildren are not merely statistics towards which we can be indifferent" JFK

Thursday, November 11, 2010

Withdrawal Wednesday Continues $

Washington, DC, November 10, 2010 - Total estimated inflows to long-term mutual funds were $5.02 billion for the week ended Wednesday, November 3, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Equity funds had estimated inflows of $729 million for the week, compared to estimated outflows of $2.41 billion in the previous week. Domestic equity funds had estimated outflows of $1.13 billion, while estimated inflows to foreign equity funds were $1.86 billion.

Total Domestic Equity Flows/Week Ending
-$1.134 billion 11/3/10
-$2.981 billion 10/27/10 revised from -$2.911
-$218 million 10/20/10
-$624 million 10/13/10
-$5.385 billion 10/6/10
-$14.701 billion for the month of September 2010
-$15.553 Billion for the month of August 2010 
-$11.091 Billion for the month of July 2010 
-$7.503 Billion for the month of June 2010 
-$19.056 Billion for the month of May 2010 

Since April 30th, 2010, $78.246 BILLION has been withdrawn from Domestic Equity Funds (This is the 27th sequential weekly outflow from US stocks).

Charts via Zero Hedge

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