Exact(2)
These charts show that it's not just the Fed's liquidity pump that is lifting markets.
Even in Kuala Lumpur, the central bank's vigorous efforts to prime the liquidity pump have not prevented commercial-property values from falling by a fifth (see chart).
Similar(56)
The second factor is that the extra liquidity pumped into financial markets has brightened the mood.
Yesterday saw a massive $180bn of liquidity pumped into world money markets.
All the liquidity pumped into the market has helped the stock market, but not the global economy".
Its efforts include (but aren't limited to) bouts of easy money from the Fed, the mortgage-interest deduction, the exclusion of capital gains on primary residence sales, direct and indirect subsidies from the Department of Housing and Urban Development, and artificial liquidity pumped into the mortgage market via government sponsored entities Fannie and Freddie.
"Governments had enough monetary and fiscal space to boost liquidity and pump-prime their economies.
All the liquidity being pumped out by central banks has to flow somewhere.
Liquidity already pumped into the system has only made things worse: cash-rich developers have less pressure to sell houses, so they can keep ginning up prices further even as demand softens.
Indeed, overnight dollar rates edged up 1.11%to1.2%2% today, despite all the liquidity being pumped into the system by central bankers in an attempt to free up the money markets.
Oil rose to a six-month high of $85 a barrel for US light crude on predictions that the extra liquidity being pumped into global markets by the Fed would discourage investors from buying low-yielding government stock in favour of speculating on commodity prices.
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