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Strategies & Market Trends : Currencies and the Global Capital Markets
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To: Frodo Baxter who wrote (876)10/10/1998 10:49:00 PM
From: Jags  Read Replies (1) of 3536
 
>>Analagous to this, during the early 90s, when Greenspan was busily
>>lowering rates to give the banks a cool yield curve, M1 increased
>>to a peak of 14.5% in Oct 92. Fed Funds were at 3%. M3 growth? 0.9%.

I am not very knowledgeable about M1, M3's. Could you go over them
and how they can be interpreted meaningfully?

Jags
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