That's a vote of confidence in the market to me.
People are not scared by the downturns. Their biggest anxiety is missing out on the rally.
March looks like a fairly spectacular month.
For September, domestic funds are performing pretty much as usual. Based on our activity so far, we're looking at an in flow of $20 billion for equities.
The flows tend to follow the rallies.
Domestic equity inflows are picking up modestly.
Considering what took place in the market during August, it's not surprising to see a slowdown in fund flow.
Clearly investors are not interested in stocks.
Copyright © 2024 Electric Goat Media. All Rights Reserved.