Investors are fleeing stock funds at the fastest pace in over 5 years

Retail investors seem to have cooled on the stock market.
According to a note from Bespoke Investment Group, equity mutual funds have experienced their largest weekly outflows since August 2011.
"According to the Investment Company Institute (ICI) which tracks this data, domestic equity mutual funds saw an estimated net outflow of $16.3 billion in the week ending 10/19," said the note from Bespoke. "While mutual fund outflows are nothing new as ETFs have gained in popularity, last week's outflow