Why Stock Market Is Soaring In Face Of Higher Rates
Image source: Wikipedia
The Fed still has interest rates elevated, while it's continuing its quantitative tightening program. As a result, the yearly M2 money supply growth is negative, at the lowest levels since the great depression.
Yet the stock markets continue to soar, with the major indices either setting new records or coming within shouting distance of the old ones.
How does this reconcile?
Video Length: 00:26:17
More By This Author:
$2,000 Floor For Gold Continues To Hold
Are BRICS Really Planning A 'Common Currency'
Inflation Has Bottomed, Fed Must Soon Cut Into Rising CPI
Disclosure: None.
How did you like this article? Let us know so we can better customize your reading experience.
Comments
Leave a comment to automatically be entered into
our contest to win a free Echo Show.
