US Stock Funds See More Outflows As Sugar High Wanes
In another testament to the notion that some of the thrill is gone for US shares after a delirious run turbocharged by the A.I. gold rush, US-focused equity ETFs and mutual funds saw a second week of outflows.
The $1.6 billion which exited over the latest weekly reporting period didn't count as especially large, but was notable in the context of what appears to be waning enthusiasm for the rally.
I wouldn't want to overstate the case. The point is simply that individual investor sentiment, sma