The Fed's View on the Money Supply

The Fed doesn't look at the money supply. The whole m2 argument has been pushed off the board by the economics profession but during that period in the 80s and 90s called the great moderation when we had strong growth with low inflation. Government jobs up 60,000 okay that was the single biggest increase in the jobs report all right fell take a quick break i promise i won't talk about the Yankees anymorewe've got john Najarian co-founder of market rebellion and mike ozane an assistant managing editor for his media back to the larry cudlow show.