Tag Archives: Money Supply

Stocks On A Long Monetary Leash

M2 Money Stock – Weekly % Year-on-Year Change  Stunning to see the weekly monetary aggregates (M2) continue to grow at an unprecedented 25 percent year-on-year rate.  Not so stunning to see the stock market mania being led and fueled by … Continue reading

Posted in Coronavirus, Economics, Uncategorized | Tagged , , , , , , | 1 Comment

Chart Trioka

We’re keeping these three charts on our radar over the next year. With a heavily spiked punch bowl,  we suspect U.S. monetary policymakers will be a little nervous if they start to see bank credit accelerate and a rapid expansion … Continue reading

Posted in Economics, Inflation/Deflation, Monetary Policy | Tagged , , , | Leave a comment

China’s Credit Bubble

Just a  follow up to our last post.  This chart from the IMF illustrates how China was able to skirt — in relative terms — the deep economic contraction by generating a huge expansion in domestic credit and increase in … Continue reading

Posted in Black Swan Watch, China | Tagged , , | 2 Comments