Wall Street's money magic
Article Abstract:
The US money supply, measured in terms of M2, has increased by 9.3% for the four weeks to Mar 16 1998, above the 1% to 1.5% target range of the Federal Reserve. The Fed has not raised interest rates, despite this money supply increase, and it is not clear whether there is a link between M2 growth and inflation. The money supply may have risen because investors sold stocks in Oct 1997, and stock price rises may follow an increase in the money supply as expected and actual returns from stocks increase.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Nasdaq - another American gigolo?
Article Abstract:
Nasdaq has 5,500 quoted companies and they include many hi-tech firms such as Oracle and Intel. United Kingdom investors can invest in Nasdaq stocks through a number of large UK brokers, though it is expensive to buy these stocks and holding them may be expensive due to US fees. Nasdaq has performed well, but 49.2 % of the Nasdaq 100 is accounted for by only four stocks, Dell, Cisco, Intel and Microsoft. Past performance is also no guarantee that future performance will be good.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Wall Street: bets on the Fed. Wall Street: selling delayed. Flat-to-net short
- Abstracts: When money does not matter. Looking on the bright side
- Abstracts: Meeting a mauling. An absence of perspective
- Abstracts: A balanced set of measures points the way to customer satisfaction at Prudential
- Abstracts: Mediterranean communications. Transport moves will speed up the economy