Now on July 28, the WSJ has published another article on Stock Outflows Swell in Flight For Safety (page B 11). Of greatest interest to me, however, is the figure from the front page of the Journal showing the trend in two-year Treasuries this year.
One thing that is spooking the stock markets is the American Global War of tariffs America has initiated. Incidentally, this climb in interest on two-year treasuries is not repeated for the 10-year Treasuries, which have remained flat at just under 3%. This has caused a flattening of the yield curve that is sometimes a forerunner of a stock-market correction.
The current article in the WSJ includes a paragraph:
Nearly $20 billion was pulled from long-term mutual funds and exchange-traded funds focused on large-cap stocks in June, handing those funds their biggest month of outflows in at least a decade, according to data provider Morningstar LLC. Outflows across the stock market have continued into July, though the pace has slowed. (I have been unable to find this article online either by Googling it or searching for it in the WSJ online. This quote is taken from the facsimile edition of the July 28, 2018, WSJ)
* http://stopcontinentaldrift.blogspot.com/2018/04/investors-are-changing-from-stocks-to.html
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