M2 growth was 8.4 percent yoy in October as it fell 0.34 percent for the month, same as in October 2018.
TSF stock was similarly flat at 11 percent growth. The PBoC website says 10.4 percent (a significant slide towards the 10 percent area that accompanied deteriorating data earlier this year), but it's 11 percent based on their reported 2018 data.
Amusing Ourselves To Death
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Give them bread and circuses and they will never revolt – Juvenal, Roman
poet The decline of Rome was the natural and inevitable effect of
immoderate great...
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