The value of stock mutual funds and ETFs held by U.S. investors declined by $3.6 trillion during the first quarter.
The number is a record high for a quarter, and is higher than any full year on record, according to data from Lipper Refinitiv.
The decline in equity fund value during the quarter is over $700 billion more than was seen in 2008 during the Great Recession.
The average equity fund posted a 22.3% decline during the quarter, data show.
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*** She raised particular concern over what she described as the unauthorized insertion of language into draft ordinances by town…
What is a panek-a-tak ?
Once again, Another Vow of Tran$parency... How refre$hing.
Well written article. Let's see who is listening to the voters. Everyone's vote counts. What's behind the curtain should be…
Panek A. Tak is quite confident in her assertions about the alleged criminal activities of a former town employee. Perhaps…