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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Frightened Investors Withdrew A Staggering And Near Record $63 Billion Out Of Mutual Funds In The P

    Lobo
    Lobo
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    Posts : 28411
    Join date : 2013-01-12

     Frightened Investors Withdrew A Staggering And Near Record $63 Billion Out Of Mutual Funds In The P Empty Frightened Investors Withdrew A Staggering And Near Record $63 Billion Out Of Mutual Funds In The P

    Post by Lobo Thu 01 Oct 2015, 3:12 pm

    Frightened Investors Withdrew A Staggering And Near Record $63 Billion Out Of Mutual Funds In The Past 3 Months
     Frightened Investors Withdrew A Staggering And Near Record $63 Billion Out Of Mutual Funds In The P King-World-News-Gerald-Celente-%E2%80%93-Shocking-Swiss-Move-Only-The-Beginning-Of-A-Much-Larger-Global-Meltdown-864x400_c
    With many people still wondering if the downside action has been a test of the recent lows, today King World News is pleased to share an extraordinary piece which takes a look at the staggering amount of withdrawals by frightened investors out of mutual funds in the past 3 months as panic recently began to engulf the world.  This piece also includes two key illustrations that all KWN readers around the world must see.
    [b][b][size=18]October 1 (King World News) – Jason Goepfert at SentimenTrader:  [/b][/b][/size]“Investors fled U.S. mutual funds in August. Domestic funds suffered more than $60 billion in outflows over the past three months, among the most severe redemptions in thirty years. As a percentage of total assets, the damage wasn’t as bad but still ranks as extreme (see chart below).
     Frightened Investors Withdrew A Staggering And Near Record $63 Billion Out Of Mutual Funds In The P KWN-SentimenTrader-I-1012015 Frightened Investors Withdrew A Staggering And Near Record $63 Billion Out Of Mutual Funds In The P KWN-SentimenTrader-II-1012015
    It’s not news that investors got scared in August.
    Many of the indicators that we looked at near month-end were at multi-year or even decade-long extremes of fear and uncertainty.
    That manifested itself in investors pulling money from domestic mutual funds, as they yanked money out to protect against another bear market…



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    SentimenTrader continues:  “According to the Investment Company Institute, mutual funds that invest primarily in the U.S. suffered outflows of more than $17 billion in August.
    That brings the three-month total flow to negative $63 billion. The last time these funds had this much of an outflow over a three-month period was December 2012 and it ranks among the largest amounts dating to 1984.
    Expressed as a percentage of assets, the three-month outflow totals just under 0.8% of assets. That doesn’t seem like much, but it still ranks among the larger outflows over a three-month period.
    The arrows on the chart highlight the other times the three-month flow was positive within the past six months, then dropped to -0.75% or worse.
    Most of these occurrences marked at least intermediate-term bottoms for stocks, with notable exceptions in 2001 and 2008.
    The key, of course, was whether this was a temporary blip during a bull market or the start of an exodus that cascaded into a bear market.
    Price structure is the best clue in that regard and so far the evidence is mixed. Stocks are displaying the hallmark signs of a test of a panic low, but there is a clear pattern of lower highs and lower lows. Another lower low, and the bear market thesis has to take precedence.”
    http://kingworldnews.com/frightened-investors-withdrew-a-staggering-and-near-record-63-billion-out-of-mutual-funds-in-the-past-3-months/

      Current date/time is Fri 19 Apr 2024, 4:10 am