The markets have been ‘complacent for too long’: Strategist
The markets have been ‘complacent for too long’: Strategist
1:11 AM ET Thu, 28 June 2018 | 02:36

Investor money is hemorrhaging out of global stock funds at a pace not seen since just after the financial crisis exploded.

Global equity funds have seen outflows of $12.4 billion in June, a level not seen since October 2008, according to market research firm TrimTabs. Lehman Brothers collapsed in September of that year, triggering the worst economic downturn since the Great Depression and helping fuel a bear market that would see major indexes lose more than 60 percent of their value.

The most recent exodus, which includes exchange-traded and mutual funds, comes amid worries that the much-touted synchronized global expansion is running out of gas, as well as some unwinding of what had been a hugely successful trade in emerging market stocks.

via Global stocks see biggest loss of investor cash since the financial crisis

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Global stocks see biggest loss of investor cash since the financial crisis

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