SOLD! To The Highest Bidder!
More evidence that demonstrates that my risk-based theory against interest is right on the mark.
"[F]oreign investors poured a record $101.9bn into US assets in September."That's because there's TOO MUCH RISK in EQUITY investing!!!
"$93.4bn of [these] inflows into bonds ... [while] $24.6bn [went] into US equities."
Also, apparently, this was
"the largest monthly net inflow [into equities] since February 2000, just ahead of the bursting of the stock market bubble."Now, this is just an educated guess, but something tells me that there is a causal relationship here. Keep your eye peeled for another stock market plunge in the near future.