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Burton Malkiel Talks About Efficient Markets
In this video sponsored by Vanguard, Burton Malkiel, Princeton professor and author of "A Random Walk Down Wall Street," talks with RIJ editor Kerry Pechter about what "efficient market" means to him. The 10th edition of "A Random Walk" has just been published.
Industry Views are special reports that are sponsored and independent from RIJ's editorial content.
November 16, 2011, Research, News
Despite equity bounce in October, investors flee to bond funds
'After the ups and downs of recent months, investors seem to be suffering from volatility fatigue,' said Ari Nachmany of Strategic Insight.
Combined U.S.-stock and international-stock outflows of $21.1 billion roughly mirrored inflows of $23.7 billion to taxable- and municipal-bond funds, as net long-term mutual fund inflows to reached only $745 million in October, according to Morningstar Inc.
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