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U.S. stock market sees first outflow since March. And that may set the stage for a risk-off summer.

U.S. stock market sees first outflow since March. And that may set the stage for a risk-off summer.
Key Points

A trend reversal in fund-flow data may show that investors are switching their focus from tech stocks to sectors in line to benefit as midterm elections approach this fall: illiquid cyclicals, housing, REITs, and small and midcap stocks.

A trend reversal in fund-flow data may show that investors are switching their focus from tech stocks to sectors in line to benefit as midterm elections approach this fall: illiquid cyclicals, housing, REITs, and small and midcap stocks.
U.S. (LOCATION)
Originally published by MarketWatch Read original →