M2 is the money in circulation issued by the government.
(fred.stlouisfed.org/series/M2SL)
M2REAL is the real value of M2 deflated by the CPIAUCSL (Consumer Price Index for All Urban Consumers).
(fred.stlouisfed.org/series/M2REAL/)
(fred.stlouisfed.org/series/CPIAUCSL)
M2REAL is in an infinite uptrend, with a downward correction now.
The correlation with SPX is positive as both are falling.
A change in correlation, either up or down, could indicate a move in SPX.
Scenarios:
1. M2REAL falling, SPX falling: positive correlation
2. M2REAL rising, SPX rising: positive correlation
3. M2REAL falling, SPX rising: negative correlation
4. M2REAL rising, SPX falling: negative correlation
With money more scarce and expensive due to inflation, I believe more in scenario 1.
After this inflationary crisis is over, maybe scenarios 2 and 4.
(fred.stlouisfed.org/series/M2SL)
M2REAL is the real value of M2 deflated by the CPIAUCSL (Consumer Price Index for All Urban Consumers).
(fred.stlouisfed.org/series/M2REAL/)
(fred.stlouisfed.org/series/CPIAUCSL)
M2REAL is in an infinite uptrend, with a downward correction now.
The correlation with SPX is positive as both are falling.
A change in correlation, either up or down, could indicate a move in SPX.
Scenarios:
1. M2REAL falling, SPX falling: positive correlation
2. M2REAL rising, SPX rising: positive correlation
3. M2REAL falling, SPX rising: negative correlation
4. M2REAL rising, SPX falling: negative correlation
With money more scarce and expensive due to inflation, I believe more in scenario 1.
After this inflationary crisis is over, maybe scenarios 2 and 4.
Ghi chú
Dividing SPX by M2REAL, waiting to see if it breaks the low of the week.
To contribute to my work:
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
To contribute to my work:
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.