The Bonddad Blog
Still nerdy after all these years
Friday, October 13, 2017
Real money supply: the slow deceleration continues
by New Deal democrat
I made the point a few weeks ago that the non-financial long leading indicators had turned at least neutral if not negative, while the financial ones were still positive.
But I've particularly had my eye on real money supply, especially M2. This post is
up at XE.com
And in an update, as of this morning's consumer inflation number, Real M2 growth has fallen slightly below 3.0% YoY, which turns it from a positive to a neutral.
New Deal democrat