Monday, 30 December 2013

Bubble Chart of the Day: The US Mid-Cap Stocks to M2 Money Supply Ratio

If aggressive money supply growth doesn't create a CPI inflation rate above 2.0% in the U.S., it does fuel something else: asset bubbles. 

It now however seems the Wilshire US mid-cap stock market index is running out of even M2 money supply fuel to justify current levels. 

If you're a stock market fool, now is NOT the time to place your bets on an even greater fool...