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Strategies & Market Trends : Currencies and the Global Capital Markets
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To: Henry Volquardsen who wrote (23)5/2/1998 9:52:00 PM
From: ShoppinTheNet  Read Replies (1) of 3536
 
Hi Henry! I also remember the markets watching so closely the money supply in the early eighties, when the numbers showed growth out of the expected range, the market decline was brutal. Today it goes unnoticed. Yet the Fed is still as concerned about inflation now as they were then. Could you give me your impression as to why this was so important in the eighties, but not now? Thanks !
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