2011 data is now complete. The total came in a bit shy of 2010.
Kind of amazing how well the Monetary Base growth compares with the stock indexes since 2008.
This shows that Broad Credit (MZM) and the S&P are no longer rapidly responding to growth in the Monetary Base.
Hi Scott:
ReplyDeleteGreat charts today. I'd like to reprint the two of M@ and the SPX. Would that be OK, with credit and a backlink, of course? Thank you--
charles hugh smith
oftwominds.com
Charles, we're all in the search for truth and progress together. Go for it and let me know if you want any others generated that I haven't thought of or made.
ReplyDeleteI can do M2, M1, CPI, CPI-shadowstats, all that pretty easily.
Thanks, Scott--I value your work.
ReplyDelete