The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ild who wrote (1734)	11/1/2003 8:18:19 AM
From: russwinter	Read Replies (1) of 110194

Even I thought that an inventory rebuild would get underway. But the non-financial commercial paper market is quickly fading from the 135.3 number on Oct.15 to 129.9 this week: research.stlouisfed.org The last half of October looks like a freefall is developing in the economy. That two week W&S withholding number down 4.0% (on top of minus 1.6% the prior two weeks, minus 2.8% for month (10-3 to 10-30) as a whole) is especially a shocker. This week's money supply: MZM -9.4 M1 +12.3 M2 -3.2 M3 -15.1 The insiders as a group sure saw it, massive distribution especially August through October: insider.thomsonfn.com

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