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

To: Knighty Tin who wrote (49359)	3/1/1999 1:41:00 PM
From: valueminded	Read Replies (2) \| Respond to of 132070

Mike / All As predicted, the market is staging a major comeback (if you do not own any bonds that is) This is just another area (fundamental) that is disconnecting itself with stock pricing. Normally I would expect a bond move like we have had in the last 3 days would tank stocks (unless their is just tons of money available for buying said stocks) Question: If the fed increases reserves by 2-4 billion,(pretty much a daily event now) what is the multiplier in terms of money (are reserves 7%?? so it would be roughly 15:1) thanks in advance. And if I have it all wrong, please explain.