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Friday, April 12, 2013

Funds flowing from money markets into equities; bonds get some too

As roughly $85 billion moved out of money market funds over the past three months, at least half went into equity mutual funds - a bullish indicator, according to Jeffrey Kleintop, chief market strategist at LPL Financial LLC .

http://www.investmentnews.com/article/20130412/FREE/130419965

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