Monday, March 24, 2008
Does flow of funds mark the bottom?
According to AMG Data Services, via FT Advisors, last week marked the first week in months where there was a net inflow of funds into equities. In fact, the turn around was quite large... a net inflow of $22.9B vs. a net outflow the week before of $1.4B. Likewise, bonds saw a net outflow of $423M last week vs. a net inflow of $1.3B the week before.
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