A Wall of money?

Doug Henwood dhenwood at panix.com
Fri Jan 10 13:56:45 PST 2003


Chris Burford wrote:


>Isa it true that there is over a trillion dollars waiting to move
>onto Wall Street when investors are convinced the time is right?
>
>Where does it come from?

There's always money somewhere. It could come out of the bond market, the real estate market, bank accounts, money market funds, T-bills, whatever. A number of companies are having to put actual cash (ultimately from profits) into their pension funds, because they're now underfunded as a result of the bear market.

Doug



More information about the lbo-talk mailing list