Seeking Alpha

Not fazed by 0% interest rates, money is headed to the U.S., with foreign bank deposits at the...

Not fazed by 0% interest rates, money is headed to the U.S., with foreign bank deposits at the Fed more than doubling to $715B from $350 at 2010's end. "There's not anything close to a substitute and part of it is the deepness of the market, the liquidity," says a fund manager. "There's a perception, right or wrong, that we're going to make good on all our assets."
From other sites
Comments (3)
  • wyostocks
    , contributor
    Comments (8860) | Send Message
     
    Why not? Ben will bail them out.
    21 Nov 2011, 09:01 AM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    Gold and Silver are a better bet....sorry Fund Manager....but you are wrong
    21 Nov 2011, 09:06 AM Reply Like
  • Stoploss
    , contributor
    Comments (1727) | Send Message
     
    Our assets are just as worthless as theirs.
    21 Nov 2011, 09:07 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs