Stock market mutual funds see largest outflows in 30 years!
November 2 (King World News) – Jason Goepfert at SentimenTrader: Mutual fund investors have given up. Over the past six months, they have yanked nearly $100 billion from domestic (U.S.-focused) funds, on a par with the largest outflows in 30 years (see chart below).
As a percentage of total assets, the outflows are still large, and it can’t be totally explained away by ETFs. This is extreme enough to be a potential positive factor for stocks, but we need to see this reverse to inflows for that to be the case. ***This commentary and chart are just a portion of one of the latest fantastic reports. To try a free 14-day trial of the internationally acclaimed work that Jason Goepfert produces at SentimenTrader simply CLICK HERE.
***KWN has now released the extraordinary audio interview with Dr, Stephen Leeb, where he discusses the gold and silver markets, what surprises to expect from China, global markets and more and you can listen to the interview by CLICKING HERE OR THE IMAGE BELOW.
***ALSO JUST RELEASED: Global And Fiscal Monetary Madness, Economic Chaos And The First Worldwide Inflationary Depression CLICK HERE.
***KWN has also released the incredible audio interview with London metals trader and whistleblower Andrew Maguire, where he discuses the great unwind that is going to take place in the gold and silver markets, what traders should expect next, and where gold and silver prices are headed, CLICK HERE OR ON THE IMAGE BELOW.
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