Ya Baby…..ICI Reports First Inflow Into U.S. Equity Funds In 33 Weeks!

Posted By on December 29, 2010

ICI reports U.S. domestic equity funds saw an inflow of $335 million for the first time in 34 weeks.  This compared with last week’s $2.4 billion outflow.  So after pulling money for 33 consecutive weeks, and withdrawing over $98 billion in capital from domestic equity mutual funds, the record has ended.  Muni bonds are now the primary area of concern, with $9.5 billion in outflows so far in December.

Categories: Commentary, Economy, Finance, Interest Rates, Bonds, National News, Wall Street, World News
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