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Money Has Exited U.S. Stock Funds In 10 Out Of Past 11 Weeks
FYI: There are lots of eye-catching superlatives in last week’s report on flows entering and exiting mutual and exchange-traded funds. The bottom line: money is getting pulled from stock funds even as global benchmarks are sitting near multiyear highs. It’s been a trend in development, though this time a dearth of buyers seems to have helped contribute to a market stumble. The SPDR S&P 500 (SPY) is off nearly 1% for the week. Regards, Ted http://blogs.barrons.com/focusonfunds/2015/05/01/money-has-exited-u-s-stock-funds-in-10-out-of-past-11-weeks/tab/print/
