SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Dollar

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10PreviousNext  
From: sammy™ -_-4/10/2006 11:41:34 PM
   of 13
 
Global Liquidity Conditions: Still Favorable, But...

The huge surge in U.S. dollar-based liquidity in recent years is beginning to unwind.

U.S. Federal Reserve assets plus its holdings of foreign central bank owned Treasury securities is a reliable proxy for high-powered U.S. dollars in circulation worldwide. This measure of global liquidity has risen by more than 60% in since 2001, as central banks re-inflated the global economy. With dollar-based liquidity far outpacing the growth in the global economy for most of the past five years, there has been a massive spillover into asset markets that has boosted prices. While dollar-based liquidity is still abundant, it is slowly being worked off as liquidity growth slows and the global economic upswing proceeds. An examination of central bank policy in the main economies reinforces this point.

bcaresearch.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10PreviousNext