Investors Jump Back Into U.S. Stock Mutual Funds
The Investment Company Institute just reported the second week of significant inflows into U.S. stock mutual funds. The two-week total (through January 19) is $6.7 billion.
Is this a sign of the top? Absolutely not. It shows the investors have shaken off 2010’s mega-risk/global-risk mindset that produced 34 straight weeks of U.S. stock mutual fund selling, even as the stock market rose amid an improving economy.
Here’s the analysis …
This article is posted on SeekingAlpha.com.