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M2 Money Velocity Rises Above All-time Low In Q3 ’17 (While Stock Market Momentum Increases To Highest Since dot.com Bubble)

This is a syndicated repost published with the permission of Snake Hole Lounge. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

M2 Money Velocity (GDP/M2 Money Stock) actually rose in Q3 2017 to 1.4282.

m2vq317

At least it rose above the all-time from Q2 of 1.428.

m2vlt

As M2 Money growth continues to be >2x real GDP growth YoY.

m2gdp.png

Yet momentum in the stock market is the greatest since the dot.com bubble.

momentum

Well, Fed Chair Janet Yellen keeps telling us everything is groovy.

Woman-yelling-in-megaphone-1024x682

 

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