Atle Willems, CFA's  Instablog

Atle Willems, CFA
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Atle Willems is an independent economic analyst and equity investor with a long-term view investing in undervalued listed shares with solid operational track records and sensible balance sheets. He holds a master's degree in finance with distinction from Nottingham University Business School,... More
My company:
Liabridge
My blog:
EcPoFi - Economics, Politics, Finance
  • Narrow Money And M3 Money Supply In The UK Expand Rapidly In March 0 comments
    Apr 30, 2013 1:13 PM

    Narrow Money increased 17.3% (annualised) in March compared to February according to figures just released by the Bank of England (NYSE:BOE). The M3 Money Supply also increased rapidly on previous month, expanding 5.4% on an annualised basis.

    Compared to the same month last year, narrow money increased by 5.4% while M3 money supply increased 4.2%. Both however remain lower than the all-time highs hit in December 2012 and March 2010, respectively.

    M4 money supply however declined on February, but increased 1.1% on same month last year.

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    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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