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

Wednesday, December 8, 2010

Wednesday withdrawal from U.S. Equity Market continues, 31st consecutive week

31st sequential weekly outflow from US stocks as
the S and P 500  is at 2+ year highs. Special thanks to
Ben Bernanke for creating the illusion that the
U.S. Stock Market has any relevance while attempting to
convince the average retail investor to come on in,
the water is fine.
At which point the power money will simply sell
the retail investor all the shares they desire!

Washington, DC, December 8, 2010 - Total estimated inflows from long-term mutual funds were $1.04 billion for the week ended Wednesday, December 1, 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 $47 million for the week, compared to estimated outflows of $2.45 billion in the previous week. Domestic equity funds had estimated outflows of $1.80 billion, while estimated inflows to foreign equity funds were $1.85 billion.

Total Domestic Equity Flows/Week Ending
-$1.801 billion 12/1/10
-$2.594 billion 11/23/10
-$2.805 billion 11/17/10 
-$660 million 11/10/10
-$1.132 billion 11/3/10
-$6.788 Billion for the month of October 2010
-$14.387 Billion for the month of September 2010
-$15.696 Billion for the month of August 2010
-$11.250 Billion for the month of July 2010
-$7.708 Billion for the month of June 2010
-$19.229 Billion for the month of May 2010

Since April 30th, 2010, $84.032 BILLION has been withdrawn from Domestic Equity Funds (This is the 31st sequential weekly outflow from US stocks). Report with historical data



 



Charts via Zero Hedge

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