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Strategies & Market Trends : ahhaha's ahs
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From: ahhaha12/10/2006 12:05:59 PM
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In #8397 I said:

"I heard LizAnn Saunders at Schwab say yesterday that the world markets were undergoing a significant reduction in liquidity due primarily to rising interest rates and developments like contraction in Japan's monetary base. In her view this reduction caused world market prices to drop."

On Thursday Saunders was on CNBC, but she didn't mention the BOJ although she made some cryptic remark about "liquidity". Saunders is pretty good as a spokesperson for the inside myth making machines of WS. It's too bad. She should attend my School of Crap Detection. That way she could improve the liquid content of her public expression.

Maybe LizAnn would like to explain how world stock markets have risen so much while the BOJ has continued to contract the Japanese monetary base, and in conjunction with a decidedly slower Permanent creation by the FED.
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