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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: mt_mike who wrote (18578)5/1/2003 4:25:13 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 89467
 
US mutual fund managers giving foreign stockholders exit gate
they are giving foreigners a perfect opportunity to sell out
bonds cannot go much lower, so bond money must find a home
fund managers send the money into stocks, esp majors
and to the beaten sectors
this laundry cycle of dirty crappola must end someday
back in January, I mentioned numerous recycle efforts will come
we are seeing the latest

but fund managers cannot dictate value
10-12% of US Stocks are still owned by foreign investors
they are not as stupid as Americans
with even a stall in stocks, with USDollar falling, foreigners lose

this game will not last much longer
/ jim