Faith shaky as market awaits flash crash report

Mutual funds pulling money out of US stocks amid fears of gaming by HFT investors

doug-clark

Investors are increasingly concerned US equity markets are unfair and unstable, prompting many to keep their money on the sidelines. That's making the situation worse, analysts say.

Starting in the week of the May 6 ‘flash crash' - when the market plunged 995 points in a matter of minutes, before rebounding - mutual funds have pulled money out of US stocks every week, even though equity markets have risen slightly over that period, according to estimates compiled by the Investment Company

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