Sure, investors still feel nervous, companies are hesitating to spend cash, and all attention is on fixed income and bond funds. ButNeil HennessyofHennessy Fundsinsists equity mutual funds are the way to go.
Meanwhile, most investors are concentrating on bond and fixed income funds. Fixed income enjoyed more than $1 trillion in flows this year. In contrast, equity funds have seen around $500 billion in outflows.
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