Tag Archive for Mutual Fund

Foreign Share of Treasury Auction Takedowns Back Near Low of 3 Year Downtrend

This is an update of the new permanent page on Treasury Auction Investor Class Allotments. That page will be updated regularly. Bookmark it for future reference. Treasury Auction Investor Class Allotments Dealers take the lion’s share of the Treasury auctions followed by foreign buyers, mostly central banks. Over the past year investment funds have caught up…

Fink Had Stock To Sell

It is small wonder mom-and-pop investors are showing no love for U.S. stocks for a fourth consecutive year. Not only has the U.S. economic recovery remained fragile, but the so-called “headline risk” is dominating investor psyche again… But it has been clear—to some of us, at least–that mom-and-pop investors threw in the towel a while…

Weakening Federal Withholding Tax Collections Do Not Bode Well For Employment

This report is an excerpt from the permanent Employment Chart page.  The edge that Federal Withholding Tax collections had held over last year continued to narrow last week, suggesting a weakening employment picture in May. The chart below compares current withholding tax collections with last year on the same date. This year collections have been…

Mutual Fund Flows Bearish for Stocks, Slowing for Bonds

The ICI reported today that US domestic equity mutual funds suffered outflows of $1.6 billion this week, compared with outflows of $8.6 billion last week. Domestic taxable bond funds had inflows of $4.8 billion, similar to last week. For charts and discussion updated weekly see the  Mutual Fund Flows page.

Mutual fund outflows are another example of the costs of ZIRP – Bernankecide

This is a short excerpt from this week’s Professional Edition Fed Report to be posted Tuesday. The ICI reports mutual fund inflows weekly with a one week lag. Domestic equity mutual funds had $8.7 billion of net outflows in the week ended 4/18/12, after net outflows of $1.5 billion the week before. Based on the…