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Column: Mutual funds' exposure on rise
Jun 27 2006 3:51PM (CT)
NEW YORK (AP) - With stocks shaky, investors have pulled billions of dollars out of mutual funds during the last two months. At the same time, equity funds' exposure to stocks is much higher than it was a year ago. That increased market exposure could look smart if the market rebounds, but very foolish if it falters.
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Column: Earnings may not boost stocks
Jun 27 2006 2:46PM (CT)
NEW YORK (AP) - Investors are counting on strong corporate profits to lift the stock market out of its current funk, trumping the effects of a slowing economy and rising inflationary pressures.
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