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To: pater tenebrarum who wrote (8083)8/2/2000 10:04:26 PM
From: John Madarasz  Read Replies (1) | Respond to of 436258
 
M2 assets grew this past week by small amounts across all categories. Unlike the occurrence of a surge in a single element, there's no need to investigate. The M2 rate is in a shallow progression that appears headed for the Fed's target range, a region it hasn't visited in exactly three years. Commercial and Industrial Loan growth has been nearly flat. The transactional category ( MZM ) is in a steep ascent, confirming the strong consumer activity recognized the past few weeks in conduct at the Open Market Desk in New York. There will be bank figures today. I'll attempt a full report prior to RTH on Monday.

piraz.com

US Money Supply

piraz.com

regards,

jm