There was a huge surge in long-term outflows. Outflows almost doubled from what they were in the previous months. What was most surprising, though, is that the surge in outflows was not coming from U.S. stock funds; it was coming more from taxable bond funds.
Again, for perspective, overall long-term outflows are about $32 billion, last month about $17 billion. But last month U.S. stock outflows were about $22 billion; in August, it actually fell to about $15 billion. The real surge came from high-yield and bank-loan funds. |
发表于 2011-9-18 01:17
| 
发表于 2011-9-18 17:32
| 
