Herbert, there are two sources that I found, AMG Data and Trim Tabs, that report mutual fund inflows/outflows. Unfortunately, both are fee based and not cheap. They, however, do provide a quick summary, AMG on a weekly basis, Trim Tabs bi-weekly.
Since Oct., the weekly inflow data has been fluctuating wildly, not the "steady stream" that had been the case for the past couple of years. There is so much "herd" money that if they are scared into staying on the sidelines, there could be a huge correction. At the moment, I just don't see the forces that are going to drive the market up. Being chicken, I guess I will rather be wrong and miss an up cycle than be caught in a big correction.
Ramsey |
