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Wednesday, December 1, 2010

Wednesday Withdrawal from U.S. Equity Market Continues for 30th Consecutive Week

The Equity Market Moves Higher as Billions
are Withdrawn 
Welcome to the U.S. Stock Market

Washington, DC, December 1, 2010 - Total estimated outflows from long-term mutual funds were $2.94 billion for the week ended Wednesday, November 24, 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 $2.44 billion for the week, compared to estimated outflows of $1.16 billion in the previous week. Domestic equity funds had estimated outflows of $2.59 billion, while estimated inflows to foreign equity funds were $141 million.

Total Domestic Equity Flows/Week Ending
-$2.585 billion 11/23/10
-$2.805 billion 11/17/10 revised form -$2.797 billion
-$666 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Since April 30th, 2010, $82.246 BILLION has been withdrawn from Domestic Equity Funds (This is the 30th sequential weekly outflow from US stocks). Report with historical data































Charts from Zero Hedge

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