Obsessed Over Market Fund Flows? Get Over It

If you find yourself spending a lot of time recently obsessing over how much money has flowed in and out of the financial markets, you might want to find a hobby.

Truth is that while metrics showing how much cash has been moving out of bonds and into stocks, or vice versa, make for interesting dinner conversation and provide a slight peek into the mind of the retail investor, they don't tell you very much about actual price movement.

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