Just spotted in Barron's: "Fixed-income funds and ETFs attracted $3 billion in the week ended Wednesday, while equity funds saw modest outflows of $1.9 billion." (web search for this sentence to get to the article, but there's not much extra detail).Given the current sentiment, and I quote:"Equity sentiment is, unsurprisingly, very bullish and Barron's annual mid-December poll of buy- and sell-side strategists revealed near unanimity in terms of economically bullish sector views," notes BCA Research in a note titled, "U.S. Equity Froth Watch." Similarly, Citi strategists' sentiment measure finds that "euphoria" has topped the 2008 highs and is back to 2001 levels. At the same time, the negativity toward bonds is nearly universal.it seems peculiar that the market action in funds is to buy bonds and sell equities -- "everybody's a contrarian"?-)
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra