FYI: Investors poured $5.4 billion into U.S.-based stock funds during the latest week, showing more optimism about equities than bonds for the fourth straight week ahead of a possible rate hike and the guarantee of a new guard in Washington.
Domestic stock funds took in nearly $3 billion during the week through Dec. 7, while global stock funds added $2.4 billion in their best weekly sales result since March, according to the Investment Company Institute trade group.
Regards,
Ted
http://www.reuters.com/article/usa-mutualfunds-ici-idUSL1N1E914V
