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Politics : Welcome to Slider's Dugout

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To: Nihontochicken who wrote (4516)2/12/2007 8:47:27 PM
From: The Ox  Read Replies (1) of 50420
 
We did some sleuthing and data extraction and put M3 back together from various weekly Federal Reserve reports that are still available.

The formula we're using has five 9s correlation to the original data back to 1980.

There is only one missing element that is apparently no longer available (Eurodollars) and an adjustment has been applied to generate it. Its only about 3% of total M3 so should not have a material effect on the total.


5 nines and.... only 3% of the total...

Some how, these 2 conflicting figures lead this observer to say ....BS!

Hey, but I could be wrong....lol!
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