People are cashing out of mutual funds at the highest rates seen since 1987.
These funds are running out of capital and are forced to sell stocks to make the redemption.
As they sell, more people want out. The cycle feeds on itself.
When it will end is anyones guess. But its NOT now.
Why the Dow keeps falling.......
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Last
$4.64 |
Change
-0.100(2.11%) |
Mkt cap ! $3.116B | |||
| Open | High | Low | Value | Volume |
| $4.74 | $4.76 | $4.54 | $10.96M | 2.365M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 32297 | $4.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.65 | 50170 | 7 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DOW (ASX) Chart |