Some on Wall Street may still be hoping for a Santa Claus rally, but mutual fund investors...

|By:, SA News Editor

Some on Wall Street may still be hoping for a Santa Claus rally, but mutual fund investors aren’t hanging around to find out, yanking $9.5B out of equity funds in the week ended Dec. 14 and putting them into bond funds and cash. "Investors are just selling out and waiting for the New Year to see how the land lies," EPFR's global research director says.