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Billionaires Dumping Stocks, Economist Knows Why
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[quote:Daisy Clover:MV8yMDE1ODIyXzMzODc1MDY4XzY5MDZDODFE] Most company retirement plans are stock-based. [/quote]
Original Message
Billionaires Dumping Stocks, Economist Knows Why
Friday, 12 Oct 2012 08:47 AM
Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast.
[snip]
So why are these billionaires dumping their shares of U.S. companies?
[snip]
It’s very likely that these professional investors are aware of specific research that points toward a massive market correction, as much as 90%.
[
link to www.moneynews.com
]
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