[lbo-talk] Fed kicks it up another quarter

Doug Henwood dhenwood at panix.com
Wed Sep 21 10:08:51 PDT 2005


Carrol Cox wrote:


>What proportion of the "top 1/2 percent" in wealth do much in-and-out
>trading on the market?

They don't do it personally - they hire people to do it for them. I'm pretty sure that youngish rich people put a portion of their hoard with hedge funds and managed futures accounts.

Doug



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