SPX - Is it possible the bubble hasn't even begun?
What you see here is a ratio of SPX vs. the M2 Money Supply. Many inverse head and shoulders patterns in this chart, which should resolve to the upside.
FYI -
M1 = coins and currency in circulation + checkable (demand) deposit + traveler's checks. M2 = M1 + savings deposits + money market funds + certificates of deposit + other time deposits.
tldr; The FED is likely to continue printing money, creating a massive bubble and ultimately lead us into a crisis sometime this decade.
#CancelTheFED
FYI -
M1 = coins and currency in circulation + checkable (demand) deposit + traveler's checks. M2 = M1 + savings deposits + money market funds + certificates of deposit + other time deposits.
tldr; The FED is likely to continue printing money, creating a massive bubble and ultimately lead us into a crisis sometime this decade.
#CancelTheFED
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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.