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Politics : Ask Michael Burke
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To: valueminded who wrote (57419)4/26/1999 11:42:00 AM
From: Freedom Fighter  Read Replies (1) of 132070
 
Chris,

I think the Fed has been very cooperative with the stock bulls for a long time, but "easy Al" can't do it forever without it spilling over into other bubble bursting conditions. The growth rate in M3 has been falling sharply, so maybe we are close to the end.

WC
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