U.S. Money Supply Is Rapidly Rising -- Is the Stock Market About to Make an Epic Recovery?
Since late February, weak economic data and President Donald Trump's trade war have hit the stock market hard, with the broader benchmark, the S&P 500, even briefly entering correction territory. Investors have also turned more bearish on concerns of a recession, or even stagflation, arriving this year.But not all data has been bad. In fact, over the last year, U.S. money supply has been rapidly rising, which has historically had a positive correlation with stocks.Does that mean the stock market is about to make an epic recovery?Continue reading
Since late February, weak economic data and President Donald Trump's trade war have hit the stock market hard, with the broader benchmark, the S&P 500, even briefly entering correction territory. Investors have also turned more bearish on concerns of a recession, or even stagflation, arriving this year.
But not all data has been bad. In fact, over the last year, U.S. money supply has been rapidly rising, which has historically had a positive correlation with stocks.
Does that mean the stock market is about to make an epic recovery?
