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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Siddhartha Gautama who wrote (8250)11/26/2001 10:21:43 PM
From: Softechie  Read Replies (2) of 99280
 
Given 2% short-term rate, it's below inflation rate. Essentially it's free money for the banks. They can get and sit on it and still make money. I used to have respect for AG but now I've found he's using the short-term rates for daytrading...no more respect for the man.

Trimtabs has article on pension funds rebalancing from bonds to equities and it's coming to an end very soon.

trimtabs.com
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