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Follow the money...out of America: »

Posted by: engineer 1 year, 9 months ago

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With recession fears dogging the U.S. markets, stocks had a dismal first quarter. But according to recent figures from two key research firms that track the mutual fund industry, investors are flocking to overseas markets.

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engineer

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My background is Biomedical engineering with an MBA As you know from all my comments where I almost stand politically. I have loads of ...

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engineer
March 28, 2008, 12:43 p.m.

Fund tracker TrimTabs Investment Research reported in its latest weekly report about market liquidity that total inflows into equity mutual funds during the week ended March 26 was $7.43 billion.
But of that total, $4.4 billion, or nearly 60%, was invested in funds that mainly invest in non-U.S. stocks.
What's more, the latest TrimTabs data showed that investors pulled $6.9 billion from exchange-traded funds (ETFs) that invest in U.S. stocks. Meanwhile, ETFs that invest in stocks from outside the U.S. reported inflows of $831 million.
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crespi
March 29, 2008, 9:28 a.m.
The corporations fleeced us and ruined us and now the malfeasant bastards are cutting and running instead of helping their country.
They have NEVER given a damn about America. Never.
The next Neocon that tries to wave a flag in my face gets a knuckle sandwich.
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getreal1
March 29, 2008, 11:40 a.m.
Well I have a stupid suggestion. The reason I say stupid is because postive doesn't work with Americans any more. Why not start our own industries back and limit trade abroad. Putting a tax on money being brought in from overseas jobs except the military, might help. Generating our own trade amongst ourselves might be the way to go. This country was once independent from trade. We started out growing and making our own to survive in this country, like way back when?
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amanda0382
March 29, 2008, 12:35 p.m.
It's a big question. Who can solve it?
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getreal1
March 30, 2008, 11:02 a.m.
It is too easy. Kinda of like where I work at. they tell me to spread some of the stock from another price item into the spot next to it, so the hole doesn't look empty. that spot has a different price and the store policy is if you see it at the wrong price you get it for that price. With the empty spot being blocked the dumb assistants don't know it's empty and I end up over ordered or nothing at all. Mean while the store is charged double interest for the stuff sitting in the back. After two weeks of sitting, the manager looks up at the stills and wonders why all that stock is there. The stock has no where to go and his assistants didn't have enough sense to look at the tags, even when we kept them empty they didn't have enough sense to look. Our nation is in reverse, can't make a buck that way.