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Even as stock indexes have doubled in value since the market low in March 2009, investors have yanked a net $138 billion from mutual funds and exchange-traded funds that invest in U.S. stocks, according to the Investment Company Institute, a mutual-fund trade group. Investors over the same period put $1 trillion into bond funds, a traditionally lower yielding but safer investment.
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Roger, this is definitely right. I guess investor is afraid with the current US economic crisis
Posted by: information arbitrage | October 17, 2012 at 11:32 PM