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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. M2 is heading down. Not a great sign.

M2 is heading down. Not a great sign.

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  • MikM Away
    MikM Away
    Mik
    wrote on last edited by
    #1

    May or may not herald problems for Wall Street. I think the article is a bit alarmist, but worth reading.

    https://www.msn.com/en-us/money/markets/u-s-money-supply-is-doing-something-not-seen-since-the-great-depression-and-it-may-signal-a-big-move-to-come-for-stocks/ar-AA1djNEZ?ocid=msedgntp&cvid=800129b0890c4899c9bea0b8e40ccab0&ei=19

    "You cannot subsidize irresponsibility and expect people to become more responsible." — Thomas Sowell

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    • taiwan_girlT Offline
      taiwan_girlT Offline
      taiwan_girl
      wrote on last edited by
      #2

      That was an interesting read.I was going to make a comment before I read this about the stock market rally.

      Time will see if it is going to continue.

      The US economy is like a huge cargo ship. You make a change to the steering and it will take a while for it to show up in the path of the ship.

      If this is a problem, it will probably start showing up right around the time of the election. LOL

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