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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: QwikSand who wrote (26064)1/10/2000 9:55:00 PM
From: High-Tech East  Read Replies (1) | Respond to of 64865
 
<<(4) M3 grew at a 22% annual rate for the eight weeks ended December 20, the highest rate in 15 years (from the latest Business Week)>>

<<<<But wasn't that the very time when the fed was jacking up the money supply on purpose because of Y2K?>>>>

... yes it was, QwikSand (at least I think it was part of the period), and this will be another reason for the Fed to tighten, probably more than once, and maybe 50 basis points the first time ... especially since Y2K was such a non-event.

... my opinion

Ken Wilson