RE:RE:RE:RE:RE:RE:RE:Share Buybacks AugustYeah I'm reading stuff on other blogs where they say that the M3 money supply is starting to contract because of increasing bankruptcies and loan deliquencies so Powell has to aggressively lower interest rates to give borrowers a break. Recession fears I guess. The Fed stopped publishing M3 money supply stats back in 2006 but still publish M1 and M2. Shadowstats has been publishing M3 but I can't find current data.
Anyway, the financial system may be experiencing liquidity worries and the run to safety into cash and treasuries may be occuring. If that is what is happening then this sp might bounce back if liquidity fears subside. But that still doesn't explain the drop in oil prices. Obviously the market feels that there will be more supply than demand even though demand is still growing. Where's this supply coming from? Ghost barrels from Russia and other OPEC+ countries?