U.S. Money Supply Is Doing Something Not Seen Since the Great Depression, and It May Signal a Big Move to Come for Stocks
Who needs a theme park when you have Wall Street. Over the trailing two years, we've watched the ageless Dow Jones Industrial Average (DJINDICES: ^DJI), widely followed S 500 (SNPINDEX: ^GSPC), and growth-dominated Nasdaq Composite (NASDAQINDEX: ^IXIC), roar to new all-time highs, plunge into a bear market, and regain their luster, once more. This short-term roller-coaster ride has new and tenured investors alike wondering what's next for Wall Street.
Although it's not an economic datapoint most investors would think of turning to for guidance, U.S. money supply may hold the answer as to what's next for stocks.
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Source Fool.com