Tag Archives: Chicago Fed

Two long leading indicators – real money supply and credit conditions – worsen  – by New Deal democrat ~~~~~~~ M1 and M2 money supply for May was reported yesterday by the Fed. The former was unchanged for the month, and the latter was up a tiny 0.1%: That is significant. Why? Because real money supply is a long leading indicator. Real M2 fell out of favor after failing to actually decline YoY prior to the 2001 and 2008 recessions, but a...

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