Submitted by Tyler Durden on 04/18/2012 18:11 -0400
Bond
Fund Flows
The week ended April 11th is when equities finally rolled over. Which is why those curious how retail fund flows did in the past week will not be very surprised: if individual investors avoided stocks like Bernie Madoff Asset Management on the way up, there is no reason why they should change their mind on the way down. Sure enough, in the past week, $1.5 billion was withdrawn from domestic equities. Instead, cash, solely with the aim of capital preservation enter taxable bond funds, as it has for the past 3 years now. With the latest redemption, total 2012 flows to date are over $25 billion, or more than double the comparable amount in 2011. It appears that retail has seen right through the once in a lifetime opportunity, and is withdrawing money from stocks at the fastest pace ever, irrelevant of what the myth formerly known as the "market" actually does.
More,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
http://www.zerohedge.com/news/retail-investors-ignore-generational-opportunity-buy-stocks-one-more-week
And something a tad odd: the orange arrows are of identical length, and are inclined at exactly the same angle.
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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