Long used to the inevitability of capital gains, investors and markets have not been tested during a stretch of time when prices go down and policymakers» hands are tied to perform their historical function
of buyer of last resort.
Not exact matches
That is just not the function
of a dealer: Dealers are the
buyers and sellers
of first
resort, not
of last resort, and their function is not to take huge contrarian risks on long - term fundamental positions.
There is no share holder
buyer of last resort, and so equity
buyers can demand a higher return than bond holders.
Antigovernment populists who deride the Ex-Im Bank as «corporate welfare» or «crony capitalism» so far have won in Congress, blocking reauthorization
of the agency and forcing it since June to stop acting as lender
of last resort to the foreign
buyers of American - made products, from aircraft to car seats.
Now, with American consumers embarking on a saving spree, the U.S. will no longer be the
buyer of first and
last resort for the globe's excess goods and services.
Social housing providers could act as «
buyers of last resort» in the event
of a house price crash, Liberal Democrat treasury spokesman Vince Cable has said.
When you get too big relative to the market, it had better be when you are the
buyer or seller
of last resort, and you are catching the turn.
With a price - insensitive
buyer of last resort for trillions and trillions, just pushing a button, all these statistical considerations are close to worthless.
The Fed could reach the point where it perceives doing whatever it takes requires it to become the
buyer of Treasuries
of first and
last resort.
The Treasury agrees to serve as a
buyer of last resort for the fund's securities to ensure the orderly liquidation
of the fund.
It's true that mortgage rates could increase as the Fed continues to reduce their purchases and there is no longer a
buyer of the
last resort in the market.
The Master, Judd Tully, tries to explain the updraft in the market for Richter abstract paintings even as Richter's dealer tries maintain the idea that Richter's market is somehow more
of an «honest» market than others that are supported by
buyers of last resort.
Historically, those proprietary trading desks have served as
buyers of last resort during periods
of macro-market volatility.
Of note, the report indicates that more
buyers are moving to the burbs (52 percent, up two percent from
last year), with 20 percent buying in a small town, 14 percent in an urban area, 13 percent in a rural area, and 2.0 percent at a
resort / recreation area.