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To: marek_wojna who wrote (71420)6/10/2001 9:59:21 AM
From: long-gone  Respond to of 116752
 
you're right, good read, I thought this to be a Hell of a good quote:
"Broad money supply expanded by $17 billion last week, led by a $19 billion increase in institutional money fund assets. Institutional money fund assets have increased $42.4 billion during the past three weeks. Consumer credit increased $14 billion during April, compared to expectations of $8.3 billion. Revolving loans (including credit cards) jumped $9.2 billion, which could have been impacted by the use of credit cards for federal tax payments. Auto (and other personal loans) loans increased $4.8 billion, after a gain of less than one billion during March. According to The Bond Buyer, municipal debt issuance of $27 billion during May was up 70% from last year. Excluding the bonds refinanced, the total amount of new money raised in munis during May was up 59% versus a year ago."