Nothing to see here....

FRED:WM2NS-FRED:WM1NS1D

WM2NS-WM1NSFRED

Description

⋅ May 24, 2021 3:16 AM

M2-M1 shot back to 1984 levels

Comment

⋅ May 25, 2021 2:09 AM

Note that I posted this same chart on 1/21/2021. We were not down at these levels at the time. It seems that this has been recalculated beginning in may of 2020. Really not sure what this means but it does seem a bit concerning.

Fundamental Analysis