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November 14, 2005

Bye-Bye M3, But Why?
by Douglas R. Gillespie


Summary

Last Thursday afternoon, in what legitimately can be described as cryptic fashion, the Federal Reserve announced that commencing in March, it would stop releasing monetary aggregate "M3." Why?

Continue to Gillespie Research for the balance of the essay: http://www.gillespieresearch.com/cgi-bin/s/article/id=708.

 

 


Douglas R. Gillespie, Sr.
Gillespie Research Associates
165 Sheridan Avenue
HO-HO-KUS, NJ 07423
201-447-5743

Doug Gillespie oversees his own financial-market and economic consulting firm, Gillespie Research Associates. For a complimentary sample of Dougs material, e-mail him at drgillespiesr@aol.com.

Copyright © 2004-2005 Gillespie Research Associates. All rights reserved.

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