More evidence that demonstrates that my risk-based theory against interest is right on the mark. "[F]oreign investors poured a record $101.9bn into US assets in September."
"$93.4bn of [these] inflows into bonds ... [while] $24.6bn [went] into US equities." That's because there's TOO MUCH RISK in EQUITY investing!!!
Also, apparently, this was "the largest monthly net inflow [into equities] since February 2000, just ahead of the bursting of the stock market bubble."Now, this is just an educated guess, but something tells me that there is a causal relationship here. Keep your eye peeled for another stock market plunge in the near future.
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