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Investors May Pour Billions into US Economy

Displaced American Workers United - The web's most active unemployment forum. :: Unemployment Information by State. :: California

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Investors May Pour Billions into US Economy Empty Investors May Pour Billions into US Economy

Post by Carol in CA Thu Mar 03, 2011 4:27 am





Investors pull billions out of emerging markets and may pour billions into US Economy.
By Pamela Sampson, AP Business WriterUpdated
BANGKOK — As angry populations roil one Middle Eastern regime after another, and discontent over escalating food prices and lagging living standards is heard elsewhere in the developing world, investors are moving staggering piles of cash out of emerging markets.
They are putting their money back into what they hope are the relatively stable havens of the U.S., Europe and Japan.
That represents a major shift in sentiment since the financial crisis in 2008 upended conventional wisdom as to what is risky and what is safe, as the U.S. model of freewheeling capitalism teetered on the brink of collapse.
For full story click on link:
http://www.usatoday.com/money/perfi/stocks/2011-03-02-emerging-markets_N.htm?csp=34news&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+UsatodaycomWorld-TopStories+%28News+-+World+-+Top+Stories%29

Carol in CA
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Join date : 2011-02-16
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