S&P 500 vs M2 Money Supply This ratio shows that the S&P 500 hasn't made a new local ATH when measured against M2 money supply. The S&P500 also hasn't made a new ATH since the dot com bubble against M2 The two lacks of an ATH could be an indication of non-confirmation of a sustained rally
Published Apr 16, 2026Updated Apr 16, 20262 min read
S&P 500 vs M2 Money Supply This ratio shows that the S&P 500 hasn't made a new local ATH when measured against M2 money supply. The S&P500 also hasn't made a new ATH since the dot com bubble against M2 The two lacks of an ATH could be an indication of non-confirmation of a sustained rally
