Tag: mutual fund flowsSort
Will Individual Investors Continue To Get The Market Direction Right?
Investors seem to be realizing that higher interest rates are not good for their bond investments. As we wrote in mid November in an article, higher interest rates translate into a declining value in the price of an investor's bonds. Recent mutual fund flow data shows investors have been placing less of their funds into bond mutual funds.
Two weeks ago bullish investor sentiment was reported at its highest level of the year coming in at 57.56%. At the same time the S&P 500 Index hit is yearly high of 1,225. In the following week the bullish sentiment level fell over 17 percentage points to 40% and the market has trended lower since this time.