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Re: 14th Consecutive Week Of Stock Outflows

By: capt_nemo in ROUND | Recommend this post (0)
Thu, 01 Dec 11 5:02 AM | 53 view(s)
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Msg. 36749 of 45651
(This msg. is a reply to 36748 by lkorrow)

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All smoke and mirrors!! The BIG LIE, and ,am ol man when it blows up weeeeeeeeeeeeeeeeeeeeeeeeeeeeeee




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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The above is a reply to the following message:
14th Consecutive Week Of Stock Outflows
By: lkorrow
in ROUND
Thu, 01 Dec 11 4:55 AM
Msg. 36748 of 45651

14th Consecutive Week Of Stock Outflows: Retail Refuses To Go Back Into Stocks No Matter What Market Does

So much for engineered stock market "rallies" and global "bailouts" - per the latest ICI update, we can now confirm that no matter how or what the market does, retail investors have firmly decided that the ridiculous market volatility is simply too much for most, and have withdrawn another $3.7 billion from domestic equity funds, and have now taken out money for 14 straight weeks ($44 billion) since the US debt downgrade (but, but, the S&P barely lower), or 31 weeks ($130 billion) if one ignores the statistically irrelevant blip of a $715mm inflow on August 17. Perhaps instead of trying to fabricate a makeshift price for the SPX which nobody believes any more, the Fed should focus on moderating the insane volatility which is the primary reason preventing any normal investors from putting cash into stocks. And yes, $6.2 billion went into bonds, despite the record low yields. Said otherwise, retail investors have withdrawn $214 billion from domestic equity mutual funds since the beginning of 2010. Put a fork in stocks: America's infatuation with the stock market is officially over.

http://www.zerohedge.com/news/14th-consecutive-week-stock-outflows-retail-refuses-go-back-stocks-no-matter-what-market-does

[snorf]


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