This page has been archived and commenting is disabled.
Weekly Outflows From Domestic Equity Mutual Funds Surge To $13 Billion, Nearly Surpass Post-Flash Crash Record
More very bad news for mutual funds (which as we disclosed last week have an all time record low cash level ergo once the liquidations begin it is game over): as of the week ended August 3, redemptions from domestic equity mutual funds surged to a near all time high $13 billion, matched only by the $13.4 billion on May 26, 2010. The problem however is that back then we had a dramatic snapback. This time, considering that the market has dropped by almost 10% since August 3, we are fairly confident next week we are due to see an all time record outflow from equity funds. To all those who incorrectly assumed that retail sentiment as expressed by redemption is a contrarian sentiment, best of luck rummaging through the gutter for those McDonalds leftovers. And just is scary is that for the second week in a row, there were outflows from every single security tracked by ICI, nothing was spared: not taxable bonds, not foreign stocks, not munis. Retail has had it with this joke of a market and is investing in ZZ and nothing else. Net result: $67 billion in cash outflows from equity mutual funds in 2011 (and $98 billion in 2010): so... does the SEC still not think there is a confidence problem vis-a-vis the churnathon known as the stock market?
»
- 3513 reads
- Printer-friendly version
- Send to friend
- advertisements -
TSjustHTF
We're seeing more and more "splatters" of it, but I don't think the chunks have fully hit the air circulator yet.
That comes when the rioting goes full-scale here.
Td ameritrade was just bragging about their best day on monday. So little guess it would be a worse outflow coming this week. D'oh!
Now it can be asked. Where's Leo?
Aren't these funds "professionally managed"? ;-)
I only invest in Morningstar's best mutual fund - Fairholme Fund managed by Bruce Berkowitzberg. He holds a concentrated portfolio in high quality stocks like Bank of America.
I'm sorry for your loss ;-)
where is leo? he is partying and picking up hot french chicks and getting shit faced.....
Wait till these weekly outflows start going directly into physical silver.
Got Phyzz?
http://silverdoctors.blogspot.com/
You got gold silverdoctor?
Indeed I do.
how does all your moronic trolling here do for your fuking asswipe website?
this shit is getting pretty old, too (Paste from one of your cutesie-pie turd piles of troll shit):
Just discovered Blythe Masters (yes, the wicked witch herself) has a personal blog as well as facebook page!
Feel free to express your feelings to Blythe at her personal blog
Or on her personal Facebook page. (Facebook comments are removed within minutes and expect to be permanently banned from Blythe's facebook page like we were!) ;)
-Doc
hey Doctor SPAMMER Shithead: get lost. stay lost. or, lose the ads and try saying something intelligent.
i'd prefer the former, but to each his/her own.
Can Hall Monitor be added to the lexicon round here?
+1
This is not Outdoorsigns.whatever and good on you Slewie!
I'm confident there is a problem with the pig.
...needs a new make-up artist
transitory
Remember: redemptions have to be requested by 2pm ET.
Look for sell offs at close.
Funds settle at day's close!
It makes me think. If fund managers have no cash, so they say. With each leg down and massive numbers on down days how low this will go. Even though we have up down days, it just does not seem like we capituated yet.
If even a fraction of that money goes into PMs, which it should, then it could get very real.
"Fiat money has no place to go but gold." --- Alan Greenspan, to the CFR, 17 Sept 2010
I see 1801.20 right now. I luv tradition. The glue of society.
The market commentary mavens say it is "fear" or some other derogatory comment about retail investors not understanding "the markets."
B.S.
People probably NEED the money, or realize that the only way the debt can be paid is confiscatory taxation or annuitization schemes (or both) from the clowns in Washington.
Get your money now, buy PM"s and/or pay off debt because the great depression never left us, it was merely levitated and the parched cracked earth of the U.S.A. had a mirage placed upon it of $10 TRILLION of theft from the future and FED Keynesian incantations of dark spirits and opium induced rainbows.
NO TRUST
we are only down about 15 pct off the dow high of 12,700. can you imagine when the sREALLYhtf???? we havent even begun to scratch the surface......looooook outttttt belowwwwwwwwwwww......
Short and hold is as stupid as buy and hold. Trade!
soon we will all trade----a bag of flour for some sugar perhaps. a piece of silver for a 45 minute tutoring session in mandarin chinese....
Don't waste your time with Mandarin lessons. China is a big hoax and is going to have a harder fall and far bigger hang over than the US. But WTF ? The customer's always right. If you're tired of lugging those bags of silver around I can hook you up with some lessons; let's make a deal. I also accept Bitcoins.
Yup. No set and forget in this world, gotta trade and earn your gains. Why be dumb by choice?
Au - 1804.28
ZZ...
http://www.youtube.com/watch?v=XqF7ZGfFaD0&feature=related
Is the BOJ dumb enough to intervene in the Yen again?
Ok, stupid question. Those morons have forgotten they have nothing to export right now.
Wha?? They are currently THE NUMBER ONE exporter of all types of radiation kind sir. ;)
That's good. Don't whistle past the graveyard..
btw did i miss something or have there been no margin hikes on gold?
no learjets to Washington DC either. That's a war town down there--created and named for our first General and our first President of the United States. They don't need the money to tell them what's going on and they haven't since day one of this crisis. The fact that those with the money still have no clue speaks far more than those with a "charge to keep." The latter are going to provide the answers now.
That's a war town down there--created and named for our first General
Quotes like that keep me coming back
Sell in May and Go Away?
I'll buy all your physical at May prices, and you can go away.
mynhair,@ 18:15
What did I miss here?
Short and hold is as stupid as buy and hold. Trade!.
Then one is to take it, you own no physical metals?.
Then this comment. @18:27
I'll buy all your physical at May prices, and you can go away.
Color me confused at your two posts.
Seems like that would have been the best cliched advice for the past 6 years
1808.74
Where would it be now, had not SocGen been selling in distress lol
I just brought the 1700! cake back to be fitted for 100 more candles. Maybe I should just wait for the weekend and get a larger cake.
There is no market.
There is no market.
There is no market.
And there hasn't been for quite some time.
But there is still 36 black. Place yer bets!
Yeah. Plus the odds in Vegas are much better AND the tables are much less rigged.
Disclaimer: Still, I advocate gold, not Las Vegas! :-)
Vegas is 0 and 00 and Monaco just 0, no 00 right? Or is it the other way around, all things being on the LEVEL
I have no idea about monaco, but Vegas does indeed have 0 and 00 on the wheel.
Disclaimer: I never gambled a penny in Vegas, but I have stood by the tables and watched the fools lose their shirts... usually slowly. As dumb as gambling in Vegas is, it isn't 0.1% as dumb as gambling in the paper non-markets these days.
1811.58, and going up
Ag still below 40
Nope, gold top. Sell me yours.
Ah hell, 1814.43
I know that it has been impossible to log into my 401k plan's website the last few days. Not exactly the same as a mutual fund, but along the same lines.
ImNotARobot,
<I know that it has been impossible to log into my 401k plan's website the last few days >
DUDE..............................they have telephones.
IF you want your cash out, get to dialing.ASAP
What's so great about Sealy Corporation?
the mattress my friend, the mattress
@quicksilver--i assume its not the place you put your silver?
In the matress? No, I still let James Turk help himself to some of it every month.
Must be a Meredith Whitney thing...
For those who have not seen it.
Ron Pauls take, on MSM interview.
http://www.youtube.com/watch?v=yFaUCPPAdc8&feature=player_embedded
Worst thing this world has faced.........................
In the event that the SEC is reading comments here:
Hey - you guys are as lame as Eric Holder. pfffftttt. Wouldn't want that on my resume.
Great chart. Two months into QE2, nothing but digital fiat and late-day algo props were flowing into the market while manipulative quotes were being fed to the sheep via the banksters desks.
Talk about yer vapor-ware.
Disclosure: About 3 months ago, I made my final divestiture of equities. I've since been sitting tight on about 15% equities, all of which is in raw materials/energy. Everything else moved to cash, physical commodities and PMs, plus some short-duration bonds, and commodities. As I interact with folks, I keep very quiet that my portfolio is in fact UP for the month of August.
Take a look at someting most, if not all have never seen...............
A $34.00 higher Gold price over Platinum......................only the world coming apart caused this.
Not to worry all those state IOU's will make for a hell of a money on the sidelines rally when tax revenue comes back. LOL
Oh wait. We have 3 days of "pent" up bringing shit back on books from a budget deal on the federal cap and gold moves 10 percent without even ensuring the survival of the post office past september.
All it takes is one more congress 2 trillion monthly spending session like they pulled back a while ago.
Man they spent a lot of money during the no budget deal month to devalue currency 10 whole percent.
Sorry for the multiple posts..........
But, I just saw the ObaMao Re-Election Ad, and I puked on my keyboard.
Only the self delusional,arrogant,narcissistic, or devious sob on the planet would dare to THINK they deserve another FOUR years of this shit.
Gentlemen and ladies.
Please stop for a moment and realise the historic times we are in.
No one knows whats on the other side
Just a hunch...
http://www.youtube.com/watch?v=fsDpznl8eIs
No prez fixes this now.
Where the bottom pit of hell is we shall see it.
Then who knows.
They're just positioning themselves for the next big run up in schlocks!
What for the MMF (Money Market Funds) stopping redemptions real soon.
redemptions from domestic equity mutual funds surged to a near all time high $13 billion
Yep, the $50bill squatter subsidy of redirected mortgage payments simply is not enough for the "consumer" to SURVIVE on.
the market behaves as programmed, as intermediary
facility to launder the feds self dealing/stealing
access to treasury and money creation at the expense
of the working, poor , retired and unborn. it goes
in, the machines fiddle with it and then the insiders
pocket the bailout. nice clean new fresh earned
profits. so...
these monies will be used to play bond vigilante
at
some point but only when the jig is up, this sweet
long con is nothing to disrespect when it is delivering
fortunes the way it is but the lawlessness and all has
to catch up with the public sentiment at some point.
before there will be bond vigilantes there are the
qe vigilantes, now pocketing the prior bailouts.
when they have engorged sufficiently, to the extreme
point of elasticity, then they will once again trash the place
and preach more discipline for the poor, working, elderly
and unborn.
check out max describing the junk treasury market.
MAX KEISER: FINANCIAL APARTHEID IN LONDON (AND CITIES AROUND THE WORLD) 1/4
http://maxkeiser.com/2011/08/11/max-keiser-financial-apartheid-in-london...
.
the problem is the "money", federal reserve notes.
end the fed
Good-Bye retail fool
though I never,
knew you at all you had the grace
to ignore the truth
while institutions failed.
USAGX has done quite well the last three days and will most likely continue to do so. (until QEinfinity, that is)
The market is going to look even more clownish if it rallies hard tomorrow.
TD can you please bring back the old bar chart. I think it helped Pissani understand your point better regarding ouflow reality.
They might have to preemptively unplug it to avoid the imminent crash. The ever increasing schizophrenia is just another symptom of what's to follow.
S&P engineered this crash...not a fair game here..
http://www.chicagotribune.com/business/sns-rt-us-financial-regulatre77a03s-20110810,0,7305550.story
Wholesale Tableware
Wholesale Pom Poms
Wholesale Knife
Audio Video Equipment
Wholesale Compressed Products
Wholesale Kitchenware
Voice Recorder
Wholesale Bracelet
Promotional Products
Wholesale Watch
Wholesale Frisbee
Wholesale Clap Hands
Money Clip
Silicone Products
Pet Supplies
Wholesale Swimming Products
Wholesale Clap Hands
Flash Gift
Baby Products Suppliers
Promotional Products
Business Gift
Pet Supplies
Wholesale Suppliers
Wholesale Calendar
CD Holde
Wholesale Whistle
Wholesale Towel
Wholesale Clap Hands
Promotional Gifts
Beauty Equipment
Wholesale Halloween Gift
Wholesale Tie
Muslim Products
Wholesale Massager
Wholesale Furniture
Wholesale Tableware
Muslim Products
Pet Supplies
Wholesale Helmet
China Wholesale
China Wholesale
Pen Holder
Wholesale Whistle
China Wholesale
Audio Video Equipment
Funding is the act of providing resources, usually in form of money, or other values such as effort, for a project, a person, a business or any other private or public institutions. The process of soliciting and gathering fund is known as fund raising. Thanks.
Regards,
seo canada