The chart shows the development between the Money supply of the USA M2 versus the prices of the Standard & Poors 500 an also the small and short recessions we had.
Naturally, also the foreign holders of SPX equities, with their money the switch in USD were responsible for higher SPX prices.
Neverthenless, the chart shows over the years a high coincidence between M2 and SPX.
And also shows the irrational exuberations very good (Mr. Greenspan).
Overall, also in historic view - there has to be a sharp correction in the SPX.
Or a bloody flood of central bank money will provide for the required balance.
Naturally, also the foreign holders of SPX equities, with their money the switch in USD were responsible for higher SPX prices.
Neverthenless, the chart shows over the years a high coincidence between M2 and SPX.
And also shows the irrational exuberations very good (Mr. Greenspan).
Overall, also in historic view - there has to be a sharp correction in the SPX.
Or a bloody flood of central bank money will provide for the required balance.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。