| Conventional wisdom has held that investors are bailing out of stocks in the wake of this month’s global slump. Yet TrimTabs Investment Research finds scant evidence that globally focused equities investors have been running for the hills.
While net outflows have exceeded inflows by some $30 billion for U.S. equity mutual funds and exchange-traded funds, TrimTabs estimates that there were net inflows of $1.2 billion for global equity mutual funds and net outflows of $3.3 billion for global equity ETFs. That combined $2.1 billion net outflow is “modest” and “sends a very-bearish contrary signal for international equities,” the firm contends, as those funds and ETFs are down 9% to 10% this month...............................................Full Article: Source
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