The narrowing ranges in the stock market over the past two weeks and the fact that it did not collapse last week appears to have soothed some investors. Surprisingly the rough market action over the past month has apparently has not caused investors to panic. Morningstar reported last week that outflows from US stock mutual funds and ETFs in August was only $4.9 billion as compared in $9.6 billion in July. This relatively low level of outflows (it was $25.9 billion in April) and 2.3% uptick in b...
The narrowing ranges in the stock market over the past two weeks and the fact that it did not collapse last week appears to have soothed some investors. Surprisingly the rough market action over the past month has apparently has not caused investors to panic. Morningstar reported last week that outflows from US stock mutual funds and ETFs in August was only $4.9 billion as compared in $9.6 billion in July. This relatively low level of outflows (it was $25.9 billion in April) and 2.3% uptick in b...
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