Goldman Report: Second Consecutive Week of Equity Outflows (SPY, TLT, EEM)

Goldman Sachs GS is out with an analysts note today saying that equity SPY and bond TLT flows turned negative this week once again ; this is the second consecutive week that flows were negative according to Lipper FMI data. $10 billion flowed from equity funds and bond funds lost $777 million. International fund flows EEM also turned negative on the week. The only gainer on the week was Money Market funds, with posted a gain of over $24 billion for the week as both retail and institutional investors turn money out of assets.