Now they're leaving
A week after mutual fund and ETF investors piled into equities, they fled. Equity funds suffered a $25 billion outflow this week, according to Lipper. The Backtest Engine shows 13 weeks with an outflow greater than $20 billion, and it was surprisingly mixed-to-negative in the short-term. The only other time we've seen extreme weekly inflows and outflows like this was early 2018.
