Reported 2 months ago
The U.S. money supply has recently witnessed a significant decline not seen since the Great Depression, raising concerns about the health of the economy and potential impacts on the stock market. The M2 money supply declined 3.21% from its all-time high, marking the first substantial drop in over 90 years. Investors are cautioned that this could indicate upcoming economic challenges, including reduced consumer spending, which often precedes recessions.
Source: YAHOO