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Lipper: Record $46 Billion Pulled from U.S.-Based Stock Funds In Latest Week

TedTed
in The Bullpen
FYI: Record cash streamed out of U.S.-based stock funds and billions more fled bonds in a week of apparently escalated caution, Lipper data showed on Thursday.

More than $46 billion thundered out of U.S. stock mutual funds and exchange-traded funds (ETFs), the most ever, while a near-record $13 billion poured from bonds, according to the research service. Relatively low-risk money market funds pulled in $81 billion, also the most recorded, the research service’s data showed.
Regards,
Ted
https://www.reuters.com/article/us-investment-mutualfunds-lipper/record-46-billion-pulled-from-u-s-based-stock-funds-in-latest-week-lipper-idUSKBN1OC31I
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