MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, June 11, 2013 Bloomberg Notes Another Bullish Omen Shares in brokerages Charles Schwab, TD Ameritrade and E*Trade have climbed on average 38 percent this year. Why should you care? Well, according to Bloomberg, the last time this happened, equity mutual funds saw $91 billion in inflows. Bloomberg reporters Whitney Kisling and Alexis Xydias write that, according to bulls, "a rally in brokers that serve private investors means individuals are preparing to embrace shares after they pulled almost $400 billion from stock funds in the last four years." Read more on this in Bloomberg. Printed from: MFWire.com/story.asp?s=44215 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |