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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Chip McVickar who wrote (2122)7/24/2001 3:16:52 PM
From: Raymond Duray  Read Replies (1) of 12410
 
Chip,

Do you track the "money on the sidelines"? I was chatting with a Schwab broker last night and he told me categorically that there is currently $269 Billion in Money Market funds in the U.S. This is what he thought to be the "dry powder" for a new bull market in equities. I told him I'd heard figures more along the lines of $2 Trillion on the sidelines. Any ideas where the truth might lie.... so to speak. <g>

R.
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