The link between the money supply and inflation was proven accurate and by January 1982, the inflation rate had dropped back to 8.6% from earlier highs of 18%.
Interest rates rose in the credit markets Thursday, but settled back from their early highs.
The two other recent Russian ventures have fallen a little from their early highs, but they are still trading well above their initial prices.
Prices in Britain were accordingly down off early highs, but remained supported by Wall Street.
In 1995, condo prices were still 30% below the earlier highs.
The American Stock Exchange biotechnology index, for example, which began in October 1991, still has not matched its earlier highs.
The boom of the second half of the 1990s was underpinned by an Internet-driven investment bubble, but most technology stocks today are far below their earlier highs.
Zurich: Shares closed steady to lower in quiet trading as prices came off their early highs on slight profit taking.
Combined with a lower dollar, that pushed Treasuries off their early highs to finish mixed.
Stocks advanced, despite falling back from early highs after a slump in the bond market.