KM Financial Solutions | UPDATE 1-U.S. stock funds post record December withdrawals -estimate
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UPDATE 1-U.S. stock funds post record December withdrawals -estimate

UPDATE 1-U.S. stock funds post record December withdrawals -estimate

Investors pulled $98 billion
from U.S.-based stock funds in December, a calendar-month record
that emphasizes the diminishing goodwill in financial markets,
preliminary Lipper estimates showed on Thursday.
Fund investors trimmed their risk in the final days of 2018
to hunker down in case the Federal Reserve is too aggressively
tightening monetary policy ahead of an economic slowdown and as

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