The chart of the day shows the velocity of money (data courtesy the St. Louis Fed) since 1959. It shows that the velocity of money is below levels observed in 1959. The velocity of money typically rises during periods of growth and falls during recessionary periods. So the recent plunge to new lows suggests that QE's from global central banks have really not worked and a major recession may just be lurking around the corner.
You’ve Automated Much Of Your Small Business. Should You Put Your Investing
On Autopilot, Too?
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Automating routine tasks using apps and tools is a popular way for
solopreneurs and small business owners to get more done in the time they
have. That appr...
37 minutes ago
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