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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Mike Johnston who wrote (69344)9/5/2006 9:25:05 AM
From: YanivBA  Read Replies (1) | Respond to of 110194
 
Money and credit are not the same

siliconinvestor.com

Credit and the S&P both track the willingness to take risk.

Message 22769878

Money stock mostly tracks the demand for money which is correlated with the GDP and the alternative cost of holding money (and getting no intrest) which is the real interest rate.

Current situation: money stock is slowing down, credit still expanding.

YanivBA.