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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (4702)	6/10/2001 7:28:42 PM
From: Ilaine	Read Replies (1) \| Respond to 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.<<