Another week, another month of outflows from equity mutual funds.
ICI reports that for the week ending December 28, $5.2 billion left stock mutual funds. That makes about $24 billion in outflows in the month of December.
There's been double-digit billion dollar outflows every month going back to April: $19 billion in November, $20 billion in October, $12 billion in September, $26 billion in August, $29 billion in July, $20 billion in May. April was the last month with positive inflows.
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