Investors flee US stocks at financial-crisis levels

CNBC/AlexRosenberg/5-5-2015

“Many investors appeared to ditch American stock funds in April, in the biggest exodus since the financial crisis. But far from taking that as a bad sign, some investors view the news as an indication that stocks have more room to run. In April, U.S. equity mutual funds and ETFs saw outflows of $35.8 billion, according to TrimTabs. That’s the biggest move away from American stocks since October 2008. And the bearish tone is confirmed by the flows in the leveraged ETF space, where leveraged short ETFs saw an increase in assets of 4.6 percent, while leveraged long ETFs saw assets dip by 2.5 percent.”

Share
This entry was posted in Today's top gold news and opinion. Bookmark the permalink.