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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: valueminded who wrote (56700)4/20/1999 1:12:00 PM
From: Tommaso  Respond to of 132070
 
Well, I am looking at the net results, and what I see is a much lower growth of M2 and M3. M1 is also lower, but is no longer a reliable indicator because of sweeps of cash into savings accounts to increase bank reserves. But the other show a rather rapid braking in money growth. This may take up to two years affect the economy in general, but last year it affected the stock market after only 2-3 months.

Incidentally, things are a little dull today. I wonder whatever became of Fabio, the las Vegas Tarot card reader.