It seems like good deals are to be had when the total stock market increase is below the increase in the overall money supply.
The green is the M2 money supply and the yellow line is the VTI total stock market index.
You can see you got a good deal in March when stock prices fell below the increase in the money supply. The same for 2019 and 2016.
There might be something of a bubble as current prices significantly outpaced the growth in the money supply.
The green is the M2 money supply and the yellow line is the VTI total stock market index.
You can see you got a good deal in March when stock prices fell below the increase in the money supply. The same for 2019 and 2016.
There might be something of a bubble as current prices significantly outpaced the growth in the money supply.