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To: Joseph G. who wrote (2163)6/12/1998 8:00:00 AM
From: Defrocked  Read Replies (1) | Respond to of 86076
 
Could have been some of those large
Wall St. bonuses too.<g> Bet not too
much of those went into bloated stocks.



To: Joseph G. who wrote (2163)6/12/1998 8:23:00 AM
From: Tommaso  Read Replies (1) | Respond to of 86076
 
Joe, the money growth rate is bad enough without exaggerating it.

M3 has been running about 11.4%

see:

bog.frb.fed.us

I am trying to figure why Globex is up with all the European markets down this morning. Maybe speculators are responding more to Japan than anything else in making bets on the indices.