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ICI: Investors Strip Most Cash In Four Years From U.S. Domestic Stock Funds

TedTed
in Fund Discussions
FYI: Investors are slimming down equity stakes bloated by a nearly decade-long bull market, withdrawing $22 billion from U.S. domestic stock funds in a single week, Investment Company Institute (ICI) data showed on Wednesday.

The withdrawal, during the holiday-shortened week ended Jan. 3, marked the largest weekly retreat from the U.S.-based domestic stock funds in nearly four years, according to the trade group.
Regards,
Ted
https://www.reuters.com/article/us-usa-mutualfunds-ici/investors-strip-most-cash-in-four-years-from-u-s-domestic-stock-funds-idUSKBN1EZ2JG

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