Investors pour largest amount into stocks since 2000

Discussion in 'Wall St. News' started by Grandluxe, Oct 30, 2013.

  1. $277 billion into stock funds so far this year; highest since 2000
    October 29, 2013, 12:03 PM

    Here’s one more piece of evidence that investors are going gaga for stocks (as if the 32 record closes for the S&P 500 this year, including on Monday, a Nasdaq Composite up 30% and fat valuations for unprofitable tech companies weren’t enough): Huge inflows into stock funds this year.

    The wall of cash into U.S.-listed mutual funds and ETFs (including those that invest overseas) has hit $277 billion, and that’s with just over two months to go in the year, according to TrimTabs Investment Research. That’s the most for one year since $324 billion for all of 2000, which of course is the year the last tech bubble burst.

    http://blogs.marketwatch.com/thetel...ck-funds-so-far-this-year-highest-since-2000/

    But how come volume is like shit? :confused:
     
  2. blakpacman

    blakpacman

    Because these are buy and pray/prey investors rather than daytraders.