If we want 2% inflation, then we need M to grow about 2% faster than GDP.
The current correction is becoming increasingly oversold, which suggests a bounce is likely toward the previous support of the 50-DMA.
The only real cause of inflation is government spending. While banks can generate money -credit- through lending, they rely on projects and investments to support these loans.
XP Inc. is a Cayman Island-based technology-driven financial services platform. It provides low-fee financial products and services in Brazil. Over the past year, XP’s share price rose about 49.7% from $13.73 to $20.55 as of Thursday’s market close.
Over the past year, Patria’s share price fell about 9% from $15.36 to $13.95 as of Wednesday’s market close.
Intelligent Bio Solutions is a medical technology company developing and commercializing innovative, intelligent, rapid, noninvasive testing solutions.
So far April has been a month for corrections but the major indices have kept a steady keel from Tuesday to Wednesday, this week. Middle East tensions are keeping oil prices high.