Institutional investors sold -$9.2 billion in US equities last week, marking the 5th straight week of selling.
They dumped -$8.1 billion in single stocks and $1.1 billion in ETFs, bringing the 4-week average to -$3.5 billion.
On the other hand, hedge funds bought for a 5th consecutive week, while retail investors bought for the 2nd straight week.
As a result, net selling rose to -$6.3 billion, from -$2.6 billion in the prior week.
What do they know?
The recession is coming?