Investors poured $40.3 billion into stocks in July: TrimTabs
August 5, 2013, 2:10 PM
Surprise!
Investors have been pouring money into stocks.
U.S. equity mutual funds and ETFs saw a record inflow of $40.3 billion in July, according to data from TrimTabs. More than three-fourths of that went into U.S. equity ETFs, while the remainder went into mutual funds.
Bond funds saw $21.1 billion in outflows in July, following on the record $69.1 billion in June.
But cash remains even more popular than equities, with a combined inflow to savings deposits and retail money market funds of $143.4 billion, for the eight-week period ending July 22.
– Tom Bemis
That’s pretty interesting. Some pretty good discussion in the comments.