http://www.zerohedge.com/news/2016-05-06/everyone-selling-largest-outflow-stock-funds-september-2015
In what is the latest confirmation that
nobody believes the "rally", the latest fund flow data from EPFR showed
that US mutual fund and ETF flows turned sharply negative for stocks
and high yield this past week (ending on May 4th). The outflow from
stocks was $16.9BN following a $1.29bn inflow in the prior week. This was the biggest outflow from stocks since the Sep'15 capitulation on back of China devaluation.
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