STUNNING: "Equity funds had estimated ***INFLOWS*** of $1.49 billion for the week, compared to estimated outflows of $6.99 billion in the previous week. Domestic equity funds had estimated inflows of $807 million, while estimated inflows to world equity funds were $678 million."
STUNNING II: "Bond funds had estimated ***OUTFLOWS*** of $317 million, compared to estimated inflows of $2.79 billion during the previous week. Taxable bond funds saw estimated outflows of $920 million, while municipal bond funds had estimated inflows of $603 million."
http://www.ici.org/research/stats/flows/flows_06_06_12
Comments
Friends of folks at the Fed and/or Treasury were told that QE3 was a "Go!".