This is a U.S. news story, published by MSN, that relates primarily to M2 news.
For more U.S. news, you can click here:
more U.S. newsFor more M2 news, you can click here:
more M2 newsFor more stocks trading & speculation news, you can click here:
more stocks trading & speculation newsFor more news from MSN, you can click here:
more news from MSNOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like stocks trading & speculation news, you might also like this article about
current bull market. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Dow Jones news, bull markets news, stocks trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
best stocksThe Motley Fool
•Business
Business & Economics
83% Informative
U.S. M2 money supply tumbled by $1.06 trillion between April 2022 and October 2023 , which equates to a decline of 4.74% .
This marked the first time since the Great Depression that M2 dropped by at least 2% on a year-over- year basis.
A steadily climbing money supply is often indicative of a healthy economy.
However, M2 has risen by 3.9% over the trailing year .
First-in-90-years shift in M2 may point to the possibility of consumers paring back their discretionary spending.
If consumers choose to forego certain purchases, it may be a recipe for a recession.
Two-thirds of S&P 500's peak-to-trough declines between 1927 and 2023 occurred after recessions were declared.
VR Score
88
Informative language
88
Neutral language
37
Article tone
formal
Language
English
Language complexity
43
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
19
Source diversity
3
Affiliate links
no affiliate links