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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject6/11/2001 12:04:40 AM
From: besttrader   of 37746
 
I especially love this part of the credit bubble bulletin -->

use of credit cards for federal tax payments

Broad money supply expanded by $17 billion last week, led by a $19 billion
increase in institutional money fund assets. Institutional money fund assets
have increased $42.4 billion during the past three weeks. Consumer credit
increased $14 billion during April, compared to expectations of $8.3 billion.
Revolving loans (including credit cards) jumped $9.2 billion, which could
have been impacted by the use of credit cards for federal tax payments.
Auto (and other personal loans) loans increased $4.8 billion, after a gain of
less than one billion during March.
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