Thursday, Feb 15, 2007
Foreign investors seem to be dumping $ assets?
Bloomberg: U.S. Attracts Least Investment Since January 2002
Total purchases of equities, notes and bonds fell to a net $15.6 billion, from a revised $84.9 billion in November, the Treasury Department said today in Washington. Including short- term securities, such as Treasury bills and so-called non-market trades such as stock swaps, foreigners sold a net $11 billion.
Posted by autopilotengage @ 05:20 PM (141 views) Add Comment
2 Comments
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1. cyril said...
Not surprising really - maybe people are finally beginning to realise what a total sham the US economy is (like ours).
2. Blindleadtheblind said...
these figures are usually volatile, but the US needs an INFLOW of more than 2billion a day to fund its deficits, and OUTFLOW is crisis time. Two months like that and all hell will break loose on the currency markets, and that means higher IR...if we are lucky. If we are unlucky a financial collapse is in the making. Be careful.