October 1, 2015
IF YOU WANT TO SEE THE RIGHT RENOUNCE THE WISOM OF MARKETS...:
Foreign investors can't get enough of the U.S. (Heather Long, 10/01/15, CNN Money)
Foreigners can't get seem to get enough of U.S. assets. They view the American economy as safe as many other parts of the world struggle, including China.That's why foreign holdings of American bonds and stocks hit record levels this year, according to an analysis of Federal Reserve fund flow data by U.S. Trust."The U.S. has clearly emerged as the most competitive and innovative economy in the world," wrote Joseph Quinlan, chief market strategist at U.S. Trust.
Here are the numbers: Overseas investors held an all-time high of $6.2 trillion of U.S. government bonds at the end of June and $5.9 trillion of U.S. stocks. The equity holding was just a tad lower than the record of $6 trillion from the first quarter of the year.
All signs indicate that overseas investors will keep buying American assets even though the past few weeks have been rough for the markets.
...just point out their performance during a Democratic presidency.
Posted by Orrin Judd at October 1, 2015 1:19 PM
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