Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Knighty Tin who wrote (233019)	4/3/2003 8:13:17 PM
From: ild	Read Replies (1) of 436258

KT, I thought that during this time of the year a lot if IRA money must be flowing into equity funds? I guess the tastes have changed: people lost enough money with stocks, so they are piling into "safe" investments -- junk bonds. amgdata.com Flows: Apr 2 Equity funds report net cash outflows of $233 million for the week ended 4/2/03 - with no sector reporting significant activity; Taxable Bond fund net cash inflows total $2.9 billion - with 72% going to High Yield Corporate Bond funds ($1.2 billion) and Investment Grade Corporate Bond funds ($876 million); Money Market funds report outflows although Tax-Exempt Money Market funds report inflows ($1.0 billion); Municipal Bond funds report inflows ($487 million).

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