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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (6805)	5/5/2001 4:25:04 PM
From: 16yearcycle	Read Replies (2) of 57684

Note the comments about m2 and the adjusted base. cnbc.com And, look at the chart on the bottom: cnbc.com Until we see consistent growth in the monetary base, we will have problems being invested in fast growers requiring lots of liquidity. It is naive to think otherwise. OTOH, the bears are looking at m2 and think AG is being overstimulative. And there is no point discussing it with them either. You'd think they would start to understand this when they see that m2 was on fire through a 70% nasdaq drop.

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