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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (38440)12/7/1998 11:53:00 AM
From: Lucretius  Read Replies (2) | Respond to of 132070
 
I suppose we could short apparel as well since in the future everyone will stay at home naked and buy stocks on the net. (G)



To: Knighty Tin who wrote (38440)12/7/1998 12:26:00 PM
From: valueminded  Read Replies (1) | Respond to of 132070
 
Mike

I see the Fed is adding reserves often these days. What does that mean when they add 3-5 billion in overnight repurchase agreements. It would seem to be expanding the money supply by whatever the reserve requirement is. Is that right or do I have it all wrong. And if all wrong explain the significance to me of these additions. thanks


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