Archive for January 21st, 2006

Mutual Fund Sales Hit 9-Year Low: Q3 2005

Federal Reserve Flow of Funds Accounts show that, at an annual rate, mutual fund net sales in Q3 2005 dropped to a nine year low. We must to go back to 1994 to find similar low levels of mutual fund sales. In Q3 2005, government economists reported that Americans were spending more than they […]

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