MisterFibonacci

Stock Gains from Thin Air!

SP:SPX   S&P 500 Index
Hello!

Has the market recovery since 09' been caused by huge growth in fundamentals? or the printing of Trillions of dollars?

I wont say the answer, but here is an interesting correlation between the M1/M2 money supplies and the stock market.

Since 2009 the market has increased along with the money supply. We have also seen tech company valuations soar.
Now we play the dangerous game of printing more.

Lighter fluid, or magical elixir?

Did that money create real value and real wealth?
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