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


To: $Mogul who wrote (89370)12/4/2007 3:06:38 PM
From: bart13  Respond to of 110194
 
I do urge some caution on interpreting the huge M3 growth rate lately. As I recently added to my page containing the weekly M3 chart:

"Note that most of the large growth in M3 lately has been in flows into CDs and Money Market Funds, a normal occurrence during financial turmoil."