Global Money Supply and MSCI World Index
Global equities are around 1 standard devation vs. global money supply. It could be bullish for stocks, as global money supply growth tends to push equities higher.
Image: Nordea and Macrobond
Global equities are around 1 standard devation vs. global money supply. It could be bullish for stocks, as global money supply growth tends to push equities higher.
Image: Nordea and Macrobond