We really don’t talk about fund flows very often, but last week saw moeny moving out of equities and into bonds.
According to AMG Data, the week ending May 24 2006:
-Equity Fund Outflows -$3.3 Bil;
-Taxable Bond Fund Inflows $229 Mil
Equity Fund Outflows -$3.0 Bil; Taxable Bond Fund Inflows $149 Mil
- Money Market funds report net inflows totaling $12.567
billion (Taxable MM funds inflows totaling $15.094 billion versus Tax-exempt outflows of -$2.527 billion)
I would love to see this data as a longer term chart versus SPX
via AMG Data
UPDATE May 26, 2006 3:09pm
Good chart I’ve been meaning to post — and on this very subject
Category: Technical Analysis
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