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Aug 12 2005

Mutual Fund Money Flows Continue Slow Summer Trend

Mutual fund money flows, often viewed as a measure of stock market bullishness or bearishness, showed U.S. stock funds experienced a $540 reduction in new investments, $660 million, down from $1.2 billion the previous week, in the latest weekly report from TrimTabs Investment Research, according to this article by John Spence at MarketWatch. Spence reports that, "international equity funds gained $307 million,...[while] bond funds... pulled $456 million after they added $370 million the prior week."

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