Quote post: @KobeissiLetter on US equity fund outflows
US stock funds lost $6.65B in the week to Oct 28, per LSEG Lipper. That same week Asian equity funds took in $9.9B and US tech sector funds $4.54B.
I think nobody is leaving stocks. They're selling the broad US index and keeping the tech bet.
https://x.com/KobeissiLetter/status/2117348016717717969
Sources: Reuters via Investing.com: US equity funds -$6.65B week to Oct 28 (LSEG Lipper); tech sector funds +$4.54B · Tiger Brokers/Lipper: Asian equity funds +$9.90B, European +$4.54B, US equity funds -$6.65B week to Oct 28 · EconoTimes: global equity funds +$10.19B, US funds shed $6.65B, Asian +$9.9B
Not financial advice. For informational and educational purposes only.
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