A deep dive into the shrinking money supply: Banks get sweetheart programs from the liquidity fairy while households are forced to take on debt and in some instances DIE while being priced out of their lives in favor of rising interest rates to fight an inflation problem the Fed created.

by Dismal-Jellyfish Let’s get to it! M2 (U.S. money stock–currency and coins held by the non-bank public, checkable deposits, and travelers’ checks, plus savings deposits, small time deposits under 100k, and shares in retail money market funds) is decreasing: https://fred.stlouisfed.org/series/M2SL …

READ MORE

NASDAQ Trendline busted; XLF (financials ETF) set a new 1-year low; Big selling programs are hitting every BTFD attempt

https://twitter.com/OccupyWisdom/status/1055966785458094080 https://twitter.com/OccupyWisdom/status/1055974682497896449 Big selling programs are hitting every BTFD attempt — an ominous sign that auction is having trouble digesting overhead supply that is unlocking. When does the next round of margin calls occur? $SPX pic.twitter.com/8EcBkAnIDt — Alastair (@StockBoardAsset) October …

READ MORE