From Jason Goepfert at SentimenTrader: “U.S. equity funds got punched again. There was a huge outflow from domestic funds that focus on stocks, the 5th-largest since 2007. Total fund assets have grown over that time, but even if we express the outflow as a % of total assets, it was large. There is a temptation to automatically consider such an outflow to be a contrary indicator (and bullish for stocks) but the history of other large weekly outflows has been mixed….
also:
Gold & Central Bank Confidence
