From Seeking Alpha:
Since Facebook's bungled IPO, small investors have pulled out a net $4.9B from U.S. stock funds - including $3B in the week afterwards - adding to ~$370B of withdrawals following the "flash crash" of May 2010.
I would love to know where the retail investors is going? Are they putting their money into money markets? Bonds? Under their bed?
With bond yields near historic lows and money markets paying next to zero, how will investors be able to grow their money for retirement?
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Market expert and TV personality Matt McCall blogs about what is really moving the markets. He will emphasize Exchange-Traded Funds (ETFs) and individual stocks throughout the trading day.
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