August 30, 2021 – Global money supply has peaked and steadily decelerating from its high rates of growth following massive injections after the initial Covid lockdowns. Chris Puplava, CIO of Financial Sense Wealth Management, shows how global money supply typically leads the S&P 500 and what this is projecting for a current market correction.
Topics and charts discussed: China credit impulse, JP Morgan global manufacturing PMI, ISM manufacturing PMI, S&P 500, Dow Jones Transportation Average, US 10-year yields, yield spread, global money supply, high yield credit spreads, Russell 2000 small cap stocks.
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