Using this formula:
(FRED:M2SL+ECONOMICS:EUM2+ECONOMICS:JPM2+ECONOMICS:CNM2+ECONOMICS:INM2+ECONOMICS:GBM2+ECONOMICS:CAM2)/100000000000000
This formula includes US, EU, GB, CAN, JP, In & CN M2 money supply.
You can clearly see M2 money supply seasonality changes, rounding consolidation from June1st & going up starting from October. Every time - for the last 5 years very clearly.
More global liquidity should drive the markets up.
(FRED:M2SL+ECONOMICS:EUM2+ECONOMICS:JPM2+ECONOMICS:CNM2+ECONOMICS:INM2+ECONOMICS:GBM2+ECONOMICS:CAM2)/100000000000000
This formula includes US, EU, GB, CAN, JP, In & CN M2 money supply.
You can clearly see M2 money supply seasonality changes, rounding consolidation from June1st & going up starting from October. Every time - for the last 5 years very clearly.
More global liquidity should drive the markets up.
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.
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.