M2 Money supply / DJI
Nearing an area of support a fall through of the support line and we could see selling exhaustion that would cause the DJI to melt up.
Where a boost in buying would see the DJI melt down. What could cause M2 to either be peddle to the medal or taking the foot off the gas.?
Inflation, lets see how the fed can handle inflation. We have already had statements from non voting fed member one even saying " America can not afford another housing boom bust cycle." Well big boy you got the printer fire that thing up. New dollars hit the market rates go lower and boom, they got the housing market pumping all time highs. Conversely we could see the markets correct by the fed either pull back on the money printing and pausing we could see the M2/DJI rise.
Nearing an area of support a fall through of the support line and we could see selling exhaustion that would cause the DJI to melt up.
Where a boost in buying would see the DJI melt down. What could cause M2 to either be peddle to the medal or taking the foot off the gas.?
Inflation, lets see how the fed can handle inflation. We have already had statements from non voting fed member one even saying " America can not afford another housing boom bust cycle." Well big boy you got the printer fire that thing up. New dollars hit the market rates go lower and boom, they got the housing market pumping all time highs. Conversely we could see the markets correct by the fed either pull back on the money printing and pausing we could see the M2/DJI rise.