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To: Oblomov who wrote (271393)12/18/2003 6:53:04 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 436258
 
loan demand dropping, the primary driver

corporate, mortgage, credit

banks can't give the stuff away.. per WSJ on monday

mortgage apps are in general decline... we've seen the numbers.

credit I can't address



To: Oblomov who wrote (271393)12/18/2003 8:45:04 PM
From: Tommaso  Read Replies (2) | Respond to of 436258
 
You are right that the MZM decline is hard to understand, but in the past it sure has prefigured stock market crashes.