Money is leaving bonds and buying stocks. Not a huge surprise, and this is helping to fuel the stock market advance. Still, I think this is just part of the late-stage kind of thing that happens in bull markets. This doesn't mean the stock market rally is over, but just another sign that we're not at the beginning of the bull market.
U.S.-based bond funds have $8.1 billion outflow in latest week: ICI
Reuters - Reuters - Tuesday, December 24, 2013
NEW YORK - Investors in U.S.-based mutual funds pulled $8.1 billion out of bond funds in the week en...
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