Page 2 - Return Predictability News Today

Why you should worry about the flood of new cash into U.S. stock funds MarketWatch 1 hr ago MARK HULBERT U.S. stock funds now are riding a river of new cash from investors — and that is not a bullish sign. Many investors might see this differently — that a huge influx of cash is positive. In fact, fund flows are a contrarian indicator: the U.S. stock market in the past has performed better when there is a net outflow of cash. The evidence is summarized in the chart below, which plots net ...