SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.54-1.2%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Hatten who wrote (13693)8/13/1998 6:52:00 PM
From: Jon Koplik  Read Replies (1) of 152472
 
More (boring) money supply stuff :

this is from today's release available at

bog.frb.fed.us

H.6 (508)
Table 2
MONEY STOCK AND DEBT MEASURES
Percent change at seasonally adjusted annual rates

M1 M2 M3 Debt

3 Months from Apr. 1998 TO July 1998 -3.1 *** 4.3 *** 4.0 *** 5.4
6 Months from Jan. 1998 TO July 1998 -0.3 *** 6.8 *** 7.7 *** 6.0
12 Months from July 1997 TO July 1998 0.6 *** 7.3 *** 9.3 *** 5.9

Thirteen weeks ending
August 3 , 1998
from thirteen weeks ending:

May 4, 1998 (13 weeks previous) -1.6 *** 5.5 *** 6.8
Feb. 2, 1998 (26 weeks previous) 0.3 *** 7.2 *** 9.1
Aug. 4, 1997 (52 weeks previous) 0.9 *** 7.3 *** 9.8

Despite several well-known "analysts" saying (recently) on CNBC that one thing making it difficult for interest rates to come down in the U.S. is recent rapid money supply growth, for those of us who choose to actually bother and look at the money supply figures, the growth rates are rapidly declining.

Jon.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext