Why Investors Have Given Up on Beating This Market

There's just no other way to say it: Investors have lost that lovin' feelin' for the stock market. Yes, the Nasdaq 100 pushed to a record high last Monday thanks to a surge in widely owned and widely recognized stocks like Alphabet (GOOGL) and Amazon (AMZN), but both the Nasdaq and the broader market have slumped since then. New research from the Federal Reserve shows there have been net cash outflows from U.S. domestic equity funds every month between March 2015 and August 2016.