5 replies to this topic

[pdx5]

The following snippet from Decision Point web site could be (behind the scene) reason for the bull market of late. "Sovereign investment funds have been used by Alaska , Kuwait , the United Arab Emirates , and Norway among others, to manage their economies more efficiently, using oil profits when oil prices are high to invest in financial assets, looking to the future when their oil reserves will be depleted. However, the amounts of money that governments have been moving into such funds, the secrecy of the funds, and the move this year by Russia and China to join the party, has raised concerns around the world. The International Monetary Fund, estimates there is already more than $2.5 trillion in these sovereign funds (which significantly exceeds the assets of all the hedge funds in the world)"

[snorkels4]

yea, and the chinese are getting ready to join

[nicolasillo]

http://www.bloomberg...6...&refer=home

[youmast]

As Russians say....
"EVEN ARABS DON'T KNOW HOW MUCH CHINESE HAVE IN THE POCKET."

[selecto]

What is in those funds? Not dollars?

[uncleharley]

I get the impression that central banks have lost control of the money supply. A few years ago Greenspan was warning us about the size of the portfolio's of Fannie Mae & Freddie Mac. A couple years later Hedge funds where the bogey man. Now it's soverign funds that are a threat. Maybe investors would rather do their thing in private and the central banks should just turn off the press's. uh