U.S. Mutual Fund Sales Signal Retail Investor Caution

U.S. mutual fund investors pulled $13.7 billion from stocks and bonds during the latest week, according to data released on Thursday by Lipper underscoring retail investors’ rising concerns over turbulent markets. After a sprinting start to 2018 that saw markets rally, the following months have brought concerns over tariffs, rising U.S. interest rates and slowing economic growth. The combination has led, unusually, to mediocre returns across several types of financial assets, including both stocks and bonds. Read more at Reuters.