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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: J.T. who wrote (1759)12/7/1999 11:24:00 AM
From: pater tenebrarum  Read Replies (1) of 19219
 
J.T., it injected about 80 billion since the end of September alone...the annualized growth rate of M3 is at a record high and some 11% above the Fed's own target.
i'd say we can look forward to a bout of cyclical inflation, followed by a resumption of the secular deflationary trend...just a guess at this point. more about this later.

regards,

hb
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