by Summary:
Fed interest rate policy reducing prices of banking system HQLA to a new 1 year low… hence bank capital (A-L) is being degraded as liabilities remain constant…. equity index prices back to same levels in consonance as the sum of all asset values are regulated as a fixed multiple of bank capital …Fed rate policy is working to reduce prices of bonds and equities and other financial assets…
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Fed interest rate policy reducing prices of banking system HQLA to a new 1 year low… hence bank capital (A-L) is being degraded as liabilities remain constant…. equity index prices back to same levels in consonance as the sum of all asset values are regulated as a fixed multiple of bank capital …Fed rate policy is working to reduce prices of bonds and equities and other financial assets…
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Fed interest rate policy reducing prices of banking system HQLA to a new 1 year low… hence bank capital (A-L) is being degraded as liabilities remain constant…. equity index prices back to same levels in consonance as the sum of all asset values are regulated as a fixed multiple of bank capital …
Fed rate policy is working to reduce prices of bonds and equities and other financial assets…