The war and all those fear inducing news seemed to scream about a world war great depression but we still didn't drop that much if compared to the 2008 recession. When asking about this some intelligent investors pointed out that there is a lot more M2 floating around now than what it was in 2008. So the sp500 to M2 chart never lies, that's why dipped to 3200ish in sp500 and that's it, bottom missed for ultra bears?
Leave a Reply