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To: Mighty Mizzou who wrote (54936)10/1/1998 10:47:00 AM
From: Mighty Mizzou  Read Replies (3) | Respond to of 61433
 
* OT * Could somebody explain something to me? Amidst this morning's consecutive significant selloff, where is this money going? Bonds are at an all time low yield. Commodities are squat. CNBC reported last night mutual funds reported an all time record inflow for the month of August. Where is this money going? If it is just sitting isnt this a primary contributor to a worldwide slowdown? Why would any institution just sit on cash? To me it's like a crap table where all of the players took their chips off the table. They didnt leave the table, they are just standing there looking at each other. What am I missing?