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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (15823)11/26/1999 10:06:00 PM
From: Bucky Katt  Read Replies (1) of 57584
 
Rande, this FED report explains the recent bull moves>
November 26, 5:14 pm Eastern Time
U.S. M-2 money supply rose $9.1 bln Nov. 15 week
NEW YORK, Nov 26 (Reuters) - U.S. M-2 money supply rose $9.1 billion in the Nov. 15 week to $4,609.8 billion, the Federal Reserve said on Friday.

The broader M-3 measure increased $27.9 billion to $6,389.9 billion. M-1 was up $2.8 billion to $1,105.2 billion, the Fed said.

This must be the extra liquidity they are putting into the system due to the Y2k thing. Can't have empty atm's for the masses....

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