POPA ReconS&P500 relative to M2 money volume reaches the same level as the peak of the dot-com bubble in 2000
S&P500 relative to M2 money volume reaches the same level as the peak of the dot-com bubble in 2000 What if there comes a moment when the current expectations for steady growth come to a halt? 🧐What is M2? The amount of money, including assets that can be easily converted into cash, in circulation in an economy. As M2 increases, there is more idle money that is likely to flow into the asset market. M2 = (Cash + Demand deposit + Savings deposit + Small term deposit + Retail MMF, etc.) Source #Stocks #Economy
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