HK_L61

M2 Velocity

HK_L61 Updated   
FRED:M2V   Velocity of M2 Money Stock
The squeeze is on, as M@V declines, there will be a Point of Recognition
when the average consumer sees Food Prices as a RISK.

At that time in the not too distant future, they will begin to spend and hoard
forward.

We are approaching the point at which on a percentage basis - this has occurred
Historically speaking.

The panic Point throughout History has been 35% per annum.

We are getting close as most food princes have risen in excess of 22% in 2021.

A great many items, significantly more.

Commodity Prices for basic materials as well, see Cotton.

Scarcity eventually gives way to Panic.
Comment:
Bonds are not buying the retracement, ZN - although defending the lows, is underperforming on balance.

TLT is outperforming and ripening up for the next Sell.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.