U.S. Money Supply Is Doing Something Not Seen Since the Great Depression, and a Big Move in Stocks May Follow

For more than a century, Wall Street has been a proven moneymaker that's outpaced the likes of commodities, housing, and bonds on an annualized return basis. Although the ageless Dow Jones Industrial Average (DJINDICES: ^DJI), broad-based S&P 500 (SNPINDEX: ^GSPC), and growth-fueled Nasdaq Composite (NASDAQINDEX: ^IXIC), have bounced meaningfully off of their 2022 bear market lows, the latter two have also entered correction territory. With Wall Street being whipsawed, investors are looking to a variety of economic datapoints and predictive indicators to potentially get an edge in deciphering which direction the Dow Jones, S&P 500, and Nasdaq Composite will head next.