Brodie

S&P500 vs M1 Money Supply (Orange)

Chart shows S&P500 (chart - LOG) divided by the FED M1 Money Supply (Orange - LOG). An overall Reduction in Money Supply M1 with respect to the S&P500 bring us back into the mid point region of the supply and demand zones or are we Destined to continue below the Demand Zone (increase in M1 and continued decline in the S&P500)?

* Grey Bars show US Recessions.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.