I stand corrected. But that does explain the reason that investors who seek to maximize return don't particularly want to buy US equities and bonds. They can do better elsewhere.
Don't kid yourself US market exchanges are a poor reflection of the US economy. The securities traded have little to do with US companies utilizing US labor and resources producing goods and services which are marketed to US consumers. And those securities are freely available to those who ave only marginal contacts with the US.
Perhaps we should be asking why we do't have a market index that does provide a measure of the US economy.
Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators
Important Notices: By participating on this discussion
board, visitors agree to abide by the rules outlined on our Rules
page. Messages posted on the Democratic Underground Discussion Forums are the
opinions of the individuals who post them, and do not necessarily represent
the opinions of Democratic Underground, LLC.
Printer-friendly format
Email this thread to a friend
Bookmark this thread
(1000+ posts)
Send PM |
Profile |
Ignore
