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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: MrGreenJeans who wrote (22306)7/30/1998 11:01:00 PM
From: Jim Willie CB  Respond to of 70976
 
MrGreenJeans,
the 10% US money supply growth not only kept the US economy and stock market going, but might have kept some Asian economies liquid... with the trade deficit ballooning, figure a gob went east to Asia

also, several Asian Tigers had USTreasury holdings that got cashed out

/ Jim Willie



To: MrGreenJeans who wrote (22306)7/31/1998 9:36:00 AM
From: Hank Stamper  Respond to of 70976
 
Mr GreenJeans wrote: "It is this excess money supply that has kept the economy and the equity markets strong."

AND low inflation, low interest rates, and moderate to strong growth in corporate earnings. When investors look at the alternatives to the equity markets....

David Todtman


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