Clown Economy 2021
Small caps (SLY) on the continual decline.
Large Cap (SPY) Tech going to the moon. (Large consolidation of wealth in very few companies)
WTI price declining due to lowering of consumption and reflecting long term industrial slowdown in economy.
M2 Monetary supply effectively driving stock price growth, seen especially in March (notice the deltas between M2 and Spy are quite identical).
Velocity of said M2 growing in inverse relationship.
You're witnessing the creation of mega monopolies, at the cost of the decimation of nearly all small and medium sized business.
The unfortunate reality is the market cap of these mega monopolies is being exaggerated by the growth in M2 stimulus.
This is a zombie economy that only exists largely by government stimulus. A scary future is ahead.
The Times They Are A Changin'
Large Cap (SPY) Tech going to the moon. (Large consolidation of wealth in very few companies)
WTI price declining due to lowering of consumption and reflecting long term industrial slowdown in economy.
M2 Monetary supply effectively driving stock price growth, seen especially in March (notice the deltas between M2 and Spy are quite identical).
Velocity of said M2 growing in inverse relationship.
You're witnessing the creation of mega monopolies, at the cost of the decimation of nearly all small and medium sized business.
The unfortunate reality is the market cap of these mega monopolies is being exaggerated by the growth in M2 stimulus.
This is a zombie economy that only exists largely by government stimulus. A scary future is ahead.
The Times They Are A Changin'
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