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Just seen: The US money supply M2 has reached a new all-time high of nearly $22 trillion. That's quite impressive considering how much liquidity has been pumped into the market.
For us as traders, this is interesting because such a large money supply M2 usually puts pressure on traditional assets and causes investors to look for alternatives. Historically, this often leads to increased volatility and capital flows into different asset classes.
We should keep an eye on this when analyzing the next market movements. These macroeconomic indicators like the money supply M2 can be quite relevant for our trading decisions in the coming weeks.