Hi Everyone
In today's analysis, we're taking a look at the overall stock market - and it's not looking great. But what's looking even worse, is the M1SL chart - in other words, the money printing chart.
From the analysis we can see that we live in unprecedented times and it might be time to ditch the dollar and the stock market ... for crypto.
The problem,...
An interesting thing happened in the last 2 weeks of November.
Money Supply: United States people fled to cash by converting M2 money stock (savings, investments, money market) into M1 (checking and cash).
Dollar: Foreign investors presumably sold off dollar assets bringing DXY down around 2% in the month.
To recap: The money supply indicates that US people...