M2 money supply and stock market index
Here are the latest figures and context for the U.S. broad money supply (M2) and a major U.S. stock market index. A falling M2 often signals less liquidity i...
Recent posts
The VIX is still at a high level
The elevated level of the VIX suggests that investors remain concerned — particularly that the Federal Reserve may keep interest rates high and that the econ...
Why Stocks Have Dropped
Markets are reacting to voices from the Fed that suggest fewer or later rate cuts than many investors expected. For example: “Traders slashed the odds of a D...
End of government shutdown
The most recent 2025 United States federal government shutdown ended on November 12, 2025, when Donald Trump signed the funding bill to reopen the federal go...
K-shaped recovery
A K-shaped recovery (or economy) is emerging now for a few key reasons — it’s not just one factor, but a combination that’s leading to a very uneven recovery...