Thu, Dec 18, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Market

Why a U.S. SWF should be created

Posted on 27 February 2009

From Seekingalpha.com: The stock market’s recent slide to new lows has a lot to do with the lack of confidence in the recent actions initiated by the Obama administration. The stimulus bill, bank plan and mortgage relief plan have been met with skepticism and in some cases disdain.

While some of the money used in these plans falls into the category of investment and will eventually be paid back, a considerable amount has no payback potential. In this second category are the tax cuts, extended unemployment benefits, payments to states to fund current operations, and payments under the mortgage relief plan. …. Full Article: Source


 Article link

This post was written by:

VRS - who has written 15416 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031