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Wednesday, December 22, 2010

Wednesday Withdrawal from U.S. Equity Market: Another $2.401 billion withdrawn while market manipulation continues

33rd consecutive week of U.S. Equity fund withdrawals. $89 billion withdrawn since 4/30/10. Stock Market continues its rise and other than a half dozen computers, no one else is trading nor does anyone give a rat's behind about the overall manipulation of what was once a market.

Washington, DC, December 22, 2010 - Total estimated outflows from long-term mutual funds were $8.48 billion for the week ended Wednesday, December 15, 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 outflows of $161 million for the week, compared to estimated outflows of $901 million in the previous week. Domestic equity funds had estimated outflows of $2.40 billion, while estimated inflows to foreign equity funds were $2.24 billion. Current and historical data

Total Domestic Equity Flows/Week Ending
-$2.401 billion 12/15/10
-$2.673 billion 12/8/10
-$1.728 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Since April 30th, 2010, $89.056 BILLION has been withdrawn from Domestic Equity Funds (This is the 33nd sequential weekly outflow from US stocks).

Charts via Zero Hedge

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