Fund flows were released on Wednesday ( Sorry for late post, busy week) and showed a continuation of two things; Money flowing back into domestic stocks and money flowing out of municipal bonds (I think it is safe to say the trends are in place now). Domestic stocks had in-flows of $4.921 billion dollars and foreign stock in-flows tipped up a bit to $928 million dollars. The taxable bond market had in-flows of $3.027 billion dollars and municipal bonds continued to sell of due to municipal debt concerns with out-flows of -$1.466 billion dollars.
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