July 19, 2013 at 20:12 PM EDT
Strategists Are Troubled As Fund Inflow Hits Record
Investors have poured into U.S. mutual funds and ETFs at a record rate in recent weeks. But some investment strategists see some warning signs. Could this be the rash of buying typical at market tops? Investors funneled a record $34.4 billion into U.S. equity mutual funds and ETFs this month (through Wednesday, July 17), booking the second-highest monthly inflow on record, TrimTabs Investment Research reported Friday. Mutual funds absorbed $8.7
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