By Pam Martens: August 27, 2012
If you want to know if the stock market is on solid footing, look at these numbers. Statistics come from either the Investment Company Institute (ICI) or Morningstar. ICI data references worldwide equity funds; Morningstar references U.S. stock funds.
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U.S.-stock funds have shed $214.9 billion overall over the last three years, as of April 30, 2012. (Morningstar)
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Equity funds worldwide had net outflows of $108 billion in the third quarter of 2011. (ICI)
- Equity funds worldwide had net outflows of $70 billion in the fourth quarter of 2011. (ICI)
- Equity funds worldwide had net outflows of $8 billion in the first quarter of 2012. (ICI)
- U.S. stock outflows were $9.3 billion in April 2012. (Morningstar)
- Equity funds posted an outflow of $9.77 billion in May 2012. (ICI)
- Equity funds posted an outflow of $6.28 billion in June 2012. (ICI)
- U.S. stock outflows registered $8.2 billion in July 2012. (Morningstar)
- Equity funds had estimated outflows of $3.23 billion for the week of August 15, 2012, compared to estimated outflows of $3.68 billion in the week of August 8, 2012. (ICI)
