IYY - Money Supply Growth Is Flattening Out
2024-05-30 03:42:00 ET
Summary
- Money Supply is a very important indicator that helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates.
- Money Supply should dip some heading into the summer before rebounding later in the year. The rate is well above the rate from 2023.
- Reverse Repos peaked at $2.55T on Dec 30, 2022. Money has been gushing out ever since.
By SchiffGold
Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect....
Money Supply Growth Is Flattening Out