Re: Farmas USA
Investors pull billions from US stocks in longest outflow streak since 2004
- Investors have pulled $30 billion from U.S. stock funds over the last 10 weeks, Bank of America Merrill Lynch says.
- The latest week of outflows marks the 10th straight week of withdrawals, the longest in more than a decade, and internal positioning changes also indicate investors are becoming more defensive, the report says.