Tag: US equity funds

money market funds
March 01, 2024 BY Simon Mugo

Large Inflows Into US Money Market Funds Seen Ahead of Inflation Data

The anticipation was exceptionally high before the release of the core personal consumption expenditures (PCE) price index data, a crucial inflation measure closely monitored by the U.S. Federal Reserve. The data, released on Thursday, revealed that the yearly inflation growth rate was the lowest it had been in almost three years, providing some relief to…

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January 26, 2024 BY Simon Mugo

US Investors Keep Withdrawing Funds From Equities for the 4th Week

U.S. equity funds experienced net outflows of $3.04 billion during this period, the smallest amount in the past four weeks. This trend was mitigated by a rally on Wall Street, mainly driven by solid gains in the tech sector following optimistic projections from TSMC and Super Micro Computer (SMCI.O). U.S. value funds witnessed net redemptions…

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January 22, 2024 BY Elizabeth Anderson

US equity fund outflows as rate cuts hover in indecisive limbo

Coupled with the previous week’s net $11.5bn outflow, this signifies a large disposal between 10 and 17 January. Financial analysts chalk this up to the positive sales report for December 2023 and the Federal Reserve’s negative response to anticipated policy rate cuts in March 2024. Reportedly, prominent US banks’ poor fourth quarter performance, such as…

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