Analyst Paul Weisbruch of Street One Financial brings us his daily fund flows update, which today picks up on a distinct lack of major money flows in this holiday-shortened week, as volatility stays at a relatively high level amid several global conflicts.
Inflows have been very light in the marketplace this week, with little to nothing to note and a general absence in “dip buyers.” We have pointed out the momentous rise in the VIX in recent sessions, and the volatility gauge is once again trading higher today.