TSX:AX.PR.E - Post by User
Post by
Torontojayon Jul 09, 2024 3:43pm
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Post# 36124988
Bank reserves
Bank reserves Are dwindling and liquidity is drying up.
Is a stock market crash imminent? It is anyone's guess.
All I know is that when liquidity is drying up and loans do not get extended then the economy becomes the loser. This could lead to lower gdp in future quarters and possibly more job losses.
As I predicted in the beginning of the year, we would see the full effect of Qt at some point this year.