Outflows:

• Year through August – Stocks: $72b pulled from stock funds this year, 1.3 percent of assets, according to Brian Reid, chief economist at Investment Company Institute
• September – Stocks & Bonds: $72b from U.S.-managed stock and bond mutual funds in September. $43.5b from stock funds last month and $28.8 billion from bond funds, according to TrimTabs Investment Research
• October – Stocks & Bonds: $49.3b of outflows have been tracked in the first week
• YTD, Stocks – [Blended Data]: September [$43.5b] + October [2/3*$49.3=$33b] + YT-August [$72b] = $146b

People are scared. This market is different from what we’ve seen before.

–Conrad Gann, TrimTabs’ COO