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The stock market news you didn't see.

Steve

Well-known member
$12.7 billion left stock funds (which marked the 12th consecutive month of net withdrawals).(1)

Citations.
1 - www.reuters.com


News Summary: Exit from stock mutual funds in Aug

STOCK AVERSION: Investors in August withdrew more from stock mutual funds than they deposited into them

Net withdrawals from U.S. stock funds totaled $11 billion, industry consultant Strategic Insight said Thursday. It was the sixth-consecutive month of net withdrawals.

then who is propping up the stock market?..

it is bad when an individual market such as housing or tech is turned into a bubble by investors..

but potentially devastating when it is done to the market in general..

Do you think the Obama Administration knows that turning the market into a "bubble" is not sound fiscal policy..
 
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