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


To: Kailash who wrote (54364)4/2/1999 5:41:00 PM
From: Tim McCormick  Respond to of 132070
 
I believe this correlation exists, but I am not so sure it is a cause and affect relationship as to the Fed being the cause from a day to day perspective. If equity investors are in a cash raising mode, then balances are created which need to be drained. So it could be a declining market which causes the Fed to drain in the short run. Tim