What happens next.

[DimPrawn]

FTSE climbing like a rocket.

[sasguru]

Strictly speaking in the UK M0 and M4. But I think what happens in the US is crucial, we're just a 2-bit player.

[sasguru]

FTSE climbing like a rocket.

The FTSE will fall to under 3000 before all this is over. Then I'll buy a shed load.

HTH

[BrilloPad]

The FTSE will fall to under 3000 before all this is over. Then I'll buy a shed load.

HTH

Yes. But not today......

[Moscow Mule]

I disagree.

So do I.

Yet you haven't agreed to disagree...

[Mich the Tester]

Yet you haven't agreed to disagree...

Oh yes I have.

[Churchill]

The FTSE will fall to under 3000 before all this is over. Then I'll buy a shed load.

HTH

If you're so f**king astute, what are you doing posting crap on a IT Contractors forum?

[sasguru]

If you're so f**king astute, what are you doing posting crap on a IT Contractors forum?

Shut it pauper.

[NotAllThere]

Strictly speaking in the UK M0 and M4. But I think what happens in the US is crucial, we're just a 2-bit player.

Is that a pun of "4" and "2-bit".

[bobhope]

Not yet.

M0 is high, M1 and M2 are rock bottom. When M0 starts flowing into M1 and M2 you'll get inflation. So not till next year.

I read a good piece recently on why, contrary to received wisdom, broad money increase/decrease actually precedes narrow money.

Most people think that due to the money-multiplier effect, M4/M3 is affected by M0 changes, i.e. the dog wags the tail.

This article argued it's really the tail that wags the dog.

I'll try to dig it out.