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December Stock Funds' Outflow Heaviest In Two Years
FYI: Investors pulled a net $23.96 billion from stock mutual funds in December as the stock market fell.
December's outflow was heavier than November's $2.10 billion. And it was the fifth month in the past seven with outflow. Also, it was the most outflow this year and since December 2012's $30.63 billion, says the Investment Company Institute. Signs pointed to inflow resuming this month Regards, Ted http://license.icopyright.net/user/viewFreeUse.act?fuid=MTg5MTE1MjI=