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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (4702)6/10/2001 7:28:42 PM
From: Ilaine  Read Replies (1) of 74559
 
No, that money wasn't invested in stocks, bonds or securities - it was stuff like Honda and Mercedes factories. Even more went into the markets -

>>Complementing that flow of direct investment was more than $450 billion worth of portfolio investment -- that is,
net purchases
of stocks, bonds and other such long-term securities. And the portfolio flow has continued to soar this year.

According to recent U.S. Treasury figures, portfolio investment reached $155 billion in the first three months of the
year, by far
the highest level in history. Almost $100 billion of that money came from Europe, though a portion of it may have
been
purchases made by European financial institutions or brokers on behalf of individuals or firms in other parts of the
world.<<
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