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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Terry Whitman who wrote (72589)10/28/1999 9:14:00 PM
From: Ken98  Read Replies (1) of 86076
 
<<U.S. M-2 money supply up $7.1 bln October 18 week
NEW YORK, Oct 28 Reuters) - U.S. M-2 money supply rose $7.1 billion in the October 18 week to $4,598.3 billion, the Federal Reserve said.

The broader M-3 measure rose $14.0 billion to $6,295.7 billion. M-1 was down $100 million to $1,096.8 billion, the Fed said.

The Fed said the four-week moving average of M-2 was $4,594.2 billion versus $4,592.8 billion in the previous week.>>

In addition to printing $$, the bubble can be fed by an expanding supply of credit. The record breaking levels of margin debt are evidence of this.
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