Chicago Fed National Financial Conditions Index and Recessions

Chicago Fed National Financial Conditions Index and Recessions This indicator provides an update on U.S. financial conditions in money markets, debt, equity markets and the traditional & “shadow” banking systems. If financial conditions tighten sharply, this suggests a coming slowdown or recession.

ISABELNET Cartoon of the Day

ISABELNET Cartoon of the Day Why are bears reluctant to invest in U.S. stocks? They view the bull market as nothing more than fake news—and they can’t bear the idea of losing their cherished money (or honey)! Have a Great Week, Everyone! 😎

ISABELNET Cartoon of the Day

ISABELNET Cartoon of the Day In a bull market, asking a bear how to make more money is like asking a cat to take a bath—neither is likely to cooperate, especially with the U.S. stock market hitting record highs! Have a Great Day, Everyone! 😎

Global M2 Liquidity

Global M2 Liquidity The increase in global M2 money supply suggests that liquidity is on the rise, which is likely to stimulate economic activity and push equity markets higher. Image: Morgan Stanley Research

S&P 500 to M2 Ratio

S&P 500 to M2 Ratio The rising S&P 500 to M2 ratio suggests a potential overvaluation in the U.S. stock market. This trend implies greater demand for stocks compared to the supply of money, worrying investors and analysts. Image: Topdown Charts

Gold as Monetary Inflation Hedge

Gold as Monetary Inflation Hedge Is gold an inflation hedge? The market share of gold against M2 money supply tends to increase in periods of inflation. Image: Fidelity Investments

The S&P 500 Hits All-Time High

The S&P 500 Hits All-Time High Bulls make money and are happy again… Yes, but until when? Keep in mind that the US stock market is currently overvalued by 9%. Image: Hedgeye Risk Management LLC