FYI: Investors yanked the most money from U.S.-based equity funds since December during the latest week, Lipper data showed on Thursday, as they feared stocks may be overpriced given the many roadblocks in implementing U.S. President Donald Trump's economic policies.
Nearly $12 billion drained from the stock funds in the seven days through April 5, including $7 billion SPDR S&P 500 ETF, a fund actively traded by investors ranging from institutional investors making speculative bets to retail buyers.
Regards,
Ted
http://www.reuters.com/article/investment-mutualfunds-lipper-idUSL2N1HE299
