Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Zeev Hed who wrote (3566)	11/7/2001 1:25:24 AM
From: X Y Zebra	Read Replies (2) of 99280

Hi Zeev, Good to see you back again... what a day eh ? Would you know of a source that can give me in an approximate basis the amount it is claimed to be in "money market" funds sitting idle... Somewhere I read that given the latest interest rate cut, the saving rate is @ 2%, which according to this article, it becomes a negative 1/2%... I imagine is due to whatever inflation we may have. Thus... "forcing" these saving funds to seek a better return... the size of "these funds" is said to be six TRILLION dollars. I would like to confirm if the above is true... so If you know of any publication please let me know. I would appreciate it.

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