Friday, 2 August 2013

Cliff Küle's Notes:

Cliff Küle's Notes
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Aug 2nd 2013, 09:51, by noreply@blogger.com (Cliff Küle)

Merrill: Institutions are 
Pouring out of Equities
Pragmatic Capitalism says Merrill Lynch Research notes institutional clients & hedge funds have been net sellers of equities in the last 5 weeks while private clients (retail investors) are still net buyers: "By client type, net sales were led by institutional clients, who have sold U.S. stocks for the past five weeks. Net sales by this group were the largest since March, and the sixth-largest in our data history (since 2008). And on a four-week week average basis, outflows by institutional clients are the largest in our data history. Hedge funds were also net sellers for the second week in a row, while private clients bought stocks for the eighth consecutive week."
link here to the article

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