Here comes the dumb money! Mutual fund inflows hit $7.7B in the week ended Jan. 12 after...

|By:, SA News Editor
Here comes the dumb money! Mutual fund inflows hit $7.7B in the week ended Jan. 12 after shedding $731M the previous week, Investment Company Institute reports. Stock funds enjoyed net inflows of $6.5B, marking the group's second positive week in the past five. Taxable bond funds gained, while municipal bonds continued to bleed assets.