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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (34059)11/20/1998 12:56:00 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 94695
 
Money Market that is the key not only equity.

Last week 9,442 billion
This week 8,774 billion

it is above last year in general.

This inflow is a sign of the FED printing money. There is no data that I know of actual savings in bank CD's. Money market funds is "HOT" money, which will move quickly in an out of stocks and stock funds.

Speaking of financial crimes just wonder to who is the FED accountable at a time they inflate the money supply to keep their WS friends happy and the nation will be faced with severe stagflation in the years to come.

As it stays now there is no real need for more money in the real economy. The stock market will always be hungry for easy money for pure speculation as the internet stocks reflect.

BWDIK
Haim