Dr. Jeff on Nostr: A brief update on... - US Net Liquidity (top blue line): Still chopping sideways ...
A brief update on...
- US Net Liquidity (top blue line): Still chopping sideways since April 2022.
OPINION #1: US based assets (think micro/small/mid-cap stocks) are likely to continue to chop sideways until US net liquidity momentum moves decidedly higher.
- Global M2 monetary supply (approximate, lower blue line): This has decisively broken higher over the past several months and is unlikely to contract meaningfully in the coming 12 months or so.
OPINION #2: This upside breakout of global M2 bodes well for the price action of global assets like #bitcoin, #gold, and US megacap technology stocks.
Just my opinions, of course.
Published at
2024-10-04 17:52:40Event JSON
{
"id": "4ba4f6753f454d4b0d422471fa7a13f5fbe6aae631187d7f05ff8f84c4835bc7",
"pubkey": "b7996c183e036df27802945b80bbdc8b0bf5971b6621a86bf3569c332117f07d",
"created_at": 1728064360,
"kind": 1,
"tags": [
[
"t",
"1"
],
[
"t",
"2"
],
[
"t",
"bitcoin"
],
[
"t",
"gold"
]
],
"content": "\nA brief update on...\n\n- US Net Liquidity (top blue line): Still chopping sideways since April 2022.\n\nOPINION #1: US based assets (think micro/small/mid-cap stocks) are likely to continue to chop sideways until US net liquidity momentum moves decidedly higher.\n\n- Global M2 monetary supply (approximate, lower blue line): This has decisively broken higher over the past several months and is unlikely to contract meaningfully in the coming 12 months or so.\n\nOPINION #2: This upside breakout of global M2 bodes well for the price action of global assets like #bitcoin, #gold, and US megacap technology stocks.\n\nJust my opinions, of course.\n\nhttps://m.primal.net/LLKv.png ",
"sig": "81cd7b427a74d04116c867ccdfe72cb049c666ac05e59a1fcebcd094b17fd9d4ce33a2e677c955d146c6cf161376e57722e220fb3a1652c9f712a11ef86fecaf"
}
