Sorry!! The article you are trying to read is not available now.
HOT TAGS:  

Money Figures Show There's Trouble Ahead

Print comment Post Comments
CANARY IN THE COALMINE
The ever-bearish Ambrose Evans-Pritchard notes that private credit is contracting on both sides of the Atlantic. "M3 money has been falling at a 5pc rate; M2 fell by 12pc in August; the Commercial Paper market has shrunk from $1.6 trillion to $1.2 trillion since late May; the Monetary Multiplier at the St Louis Fed is below zero (0.925). In Europe, M3 money has been contracting at a 1pc rate since April."
SOURCE:   Telegraph (UK)

TICKERS