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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: GraceZ who wrote (40095)5/19/2003 10:22:51 AM
From: zonder  Respond to of 57110
 
I meant "incentive" there, but I guess you got that :-)

Perversely people seem to be content to sit on huge sums at .7% interest nominal, money is still piling up in money market funds.

Well, even that is preferable to another round of excess investments in some half-baked "industry", and subsequent years of post-bubble misery. I find it troubling that the Fed has created an environment of soaring liquidity and negative interest rates so soon after the latest tech bubble...