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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Ken98 who wrote (81066)12/23/1999 5:14:00 PM
From: reaper  Read Replies (1) of 86076
 
Although the surge in liquidity demand was expected, Saporta said she was surprised by the magnitude. Still, she said it was hard to argue that money growth was driving the stock market up.

"It is clear that the bulk of the extra liquidity is pooling up in bank vaults right now, awaiting withdrawals from individuals. I don't see any connection between that and a few tech stocks that are skyrocketing," Saporta said.

news.cnet.com

I imagine it is also clear to her that Santa is coming tomorrow night.
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