Thread,
From what I gather now, Maria Bartiromo commented that mutual funds had inflows of $1.7 billion on Aug 10th. I now recall she was quoting from Trim Tabs figures....Now it appears, from the clip below, the very next day, there was outflows of $2.2 billion.
I'm really waiting for tomorrow's AMG figures to see what the flows were for the entire week ending August 12th. That should be a better indicator of what the little guys are doing.
MikeM(From Florida)
PS Thanks Ramsey.
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Trim Tabs estimates stock funds had outflow Aug 11
SANTA ROSA, Calif., August 12 (Reuters) - Trim Tabs Financial Services, a company that tracks stock market liquidity, Wednesday said it estimated stock mutual funds had a net outflow of $2.2 billion on August 11....The U.S. stock market fell sharply on August 11, with the Dow industrials falling 112 points to 8463. |
