Wall Street Journal (December 8)
“The S&P 500 is having its best run in six years, but individual investors are fleeing stock funds at the fastest pace in decades…. Investors have pulled $135.5 billion from U.S. stock-focused mutual funds and exchange-traded funds so far this year, the biggest withdrawals on record.” And, surprisingly, this may be a good sign for the stock market. The outflows show “investors aren’t chasing the stock market’s strong performance…. This suggests major indexes like the S&P 500 still have plenty of room to run after a decadelong rally.”
Tags: ETFs, Fleeing, Investors, Mutual funds, Outflows, Stock funds, U.S., Withdrawals
The Hill (November 18)
“Next year, the number of Venezuelans fleeing their country will overtake the Syrian exodus. To date, more than 4 million have left. One-third of these refugees and migrants are sheltering in Colombia, which has maintained a very generous open-door policy,” but is showing signs of being overwhelmed. Colombia “indeed appears headed towards a tipping point. Such an outcome would exacerbate the regional humanitarian crisis triggered by Venezuela’s collapse.”
Tags: Collapse, Colombia, Exodus, Fleeing, Generous, Humanitarian crisis, Migrants, Overwhelmed, Refugees, Sheltering, Syria, Tipping point, Venezuela
