Why investors sold equities during a market rally?

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Why investors sold equities during a market rally?

The year 2019 will be remembered as a good year for equity investors, with the equity markets around the world running up returns in double digit numbers. 2019 will also been considered a good year for the European fund industry since the mutual funds of European promoters witnessed estimated overall inflows of 259.9 bn EUR at the end of November 2019.  By looking at these numbers one would expect that equity funds would have been the drivers for these flows, as stock market gains tend to ...

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