1930: “Money on the Sidelines”

This is from “News from 1930” website

“There’s a large amount of money on sidelines waiting for investment opportunities; this should be felt in market when “cheerful sentiment is more firmly intrenched.” Economists point out that banks and insurance companies “never before had so much money lying idle.”

-August 28:, 1930

The more things change . . .

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Source:
“News from 1930” website
http://newsfrom1930.blogspot.com/2009/08/favorites-of-week-august-25-august-30.html

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