Friday, June 17, 2011

BASEL III : Increasing Demand for money > Decreasing Supply of Money

. IMF & Basel III wants banks to increase capital reserve ratio.
. Central banks to increase Interest rates.
. Australia RBA has already signal led intention to do so.
. China central banks has already raised the capital reserves ratio for Chinese banks.

. Do they know something we don't ?
. Why the turning off or tightening of Money Supply.
. When economy is recovering albeit weakly ?
. When a Major Global Repair - Infrastructure investment is initiated ?

. Money supply reduced.
. Funds become more expensive.
. Equities out, Bonds in.

. Rechanneling of funds from existing reservoirs of cash.
Hedge funds, pensions, endowment.....
. From equities o infrastructure investment.
. Equities will have to compete for scarce resource, ie money

. Increasing Demand for money > Decreasing Supply of Money

http://www.housingwire.com/2011/06/16/jpmorgan-basel-3-over-capitalizes-largest-banks

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