When the facts change I change my mind, what do you do sir
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"Cluster Of Central Banks" Have Secretly Invested $29 Trillion In The Market
Another conspiracy "theory" becomes conspiracy "fact" as The FT reports "a cluster of central banking investors has become major players on world equity markets." The report, to be published this week by the Official Monetary and Financial Institutions Forum (OMFIF), confirms $29.1tn in market investments, held by 400 public sector institutions in 162 countries, which "could potentially contribute to overheated asset prices." China’s State Administration of Foreign Exchange has become “the world’s largest public sector holder of equities”, according to officials, and we suspect the Fed is close behind ... (full story)
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- Pip Anon
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"A true speculator tries the market small." - Jesse Livermore
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"A true speculator tries the market small." - Jesse Livermore
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