Interesting chart from @jessefelder showing the annual return of the S&P 500 index versus a liquidity measure (M2-GDP). The message is important, #liquidity is reversing and while #stocks haven't responded yet, they eventually will. It's a point worth keeping an eye on. pic.twitter.com/8iIOglrzBY
— Lance Roberts (@LanceRoberts) December 29, 2021
The #market #liquidity problem in one chart.
h/t @themarketear pic.twitter.com/lbihGhA0Pr— Lance Roberts (@LanceRoberts) December 29, 2021
This chart of annual all-time highs has been floating around. The important, and overlooked, message is this.
Clusters of years WITH all-time highs eventually leads to a cluster WITHOUT them.
h/t @ISABELNET_SA pic.twitter.com/qEM5SJnM4A— Lance Roberts (@LanceRoberts) December 29, 2021