It’s the liquidity, stupid! Stocks fell in Aug because global money supple fell by $1.4tn. Sep began very strong w/ a surge in global liquidity by $400bn.

It's the liquidity, stupid! Stocks fell in Aug because global money supple fell by $1.4tn. Sep began very strong w/ a surge in global liquidity by $400bn. pic.twitter.com/T1p3IfYem5

— Holger Zschaepitz (@Schuldensuehner) September 8, 2019

QE already started.