Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
Monday, June 14, 2010
M3 Money Supply Is Plunging
In another sign of bearishness for the market, John Williams’ updated M3 money supply chart shows a very steep in M3 (with data from the St. Luis Fed):
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