Choppy Event Filled Trading Drives Markets To New Peaks Again!

This is our weekly market update, where we start in the US, cross to Europe and Asia and end in Australia, covering crypto and commodities along the way. Overall, Wall Street and most global benchmark indices rose on the week, as upbeat U.S. economic data more than compensated for the heightened trade uncertainty and Trump ramping up his verbal attacks on Fed Chair Jerome Powell. But there is one simple truth driving markets at the moment, and it is this. Global money supply as measured by the so called M2 measure continues to rise reaching 94 trillion USD. And a […]