Seeking Alpha

Reinko » Comments » EXB

  • Is it Time to Jump Back into the Financial Waters? [View article]
    Yes it is time to jump out of the frying pan into the fire! A truly safe bet...

    Why not check it out at the Federal Reserve and take a nice look at the h3 release that stores the combined reserves of the US commercial banks?
    Look at the column 'non borrowed (3)', there are the non borrowed (read real reserves) parked:

    www.federalreserve.gov.../

    Does it not say combined reserves are -8755 millions? Thus in the red and about one billion a day declining?

    Yes, it is time to get back into the financials...

    Andrew Corn, I think you are a weirdo.
    Feb 11 18:40 pm |Rating: 0 0 |Link to Comment
More on EXB by Reinko
Reinko's
Comments Stats
356 comments
Rating: 16 (57 - 41 )