tag:blogger.com,1999:blog-3210378500200629631.post5835514050631674412..comments2023-11-06T00:09:38.672-08:00Comments on Mase: Economics and Finance: The World Economy: A Time of TransitionMase: Economics and Financehttp://www.blogger.com/profile/16730994070959040962noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3210378500200629631.post-63113729915905027262010-09-26T17:28:19.718-07:002010-09-26T17:28:19.718-07:00There's an inverse relationship between an inc...There's an inverse relationship between an increase in excess reserves & declining stock prices, & vice versa. <br /><br />The decline in excess reserves is associated with rising stock prices. <br /><br />Are the member bank's investment managers buying stocks with their excess reserves? It's not POMO's driving stock prices, it's excess reservesSalmo Truttahttps://www.blogger.com/profile/13910212017849902362noreply@blogger.comtag:blogger.com,1999:blog-3210378500200629631.post-73442487114478621652010-09-26T17:27:05.569-07:002010-09-26T17:27:05.569-07:00EXCESS reserves declined by $49,910B ($1,025,816T ...EXCESS reserves declined by $49,910B ($1,025,816T on Aug 11, to $975,906B on Sept 22). <br /> <br />EXCESS reserves peaked on FEB 24th @ $1,192,169T & have since declined by $216,263B<br /> <br />The Federal Reserve is carrying out an "EXIT STRATEGY".Salmo Truttahttps://www.blogger.com/profile/13910212017849902362noreply@blogger.com