Degen

M2 is coming back up for the summer!

https://fred.stlouisfed.org/graph/?graph_id=248494

Yes but global liquidity is a far better indicator. I added Japan, China, and ECB + US.

Sept/Oct 2022 bottom in liquidity - it marked the bottom in equities and crypto shortly after. Do you know why? Because China started a massive liquidity boom in October 2022. Then America bottomed/eased.

husband, father of two sexy girls, crypto community manager, bizniz owner and opinionated conservative. jesus guns girls america 🇺🇸

@wake.bsky.social