The period from January to May 2024 has been marked by significant bearish sentiment due to multiple geopolitical events. The escalation of conflicts in Ukraine, increased US-China trade tensions, disruptions in the Red Sea, and heightened hostilities in the Middle East have collectively contributed to market instability. These events led to increased energy...
MACRO MONDAY 8
S&P500 / M2 Money Supply ( SP:SPX / $WMN2S)
M2 is a broad measure of the US money supply that includes cash, checking deposits, and other types of deposits that are readily convertible to cash such as CDs.
M2 is seen as a reliable metric for forecasting/predicting inflation and for this reason it can be used as leading economic indicator....
