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. But when examined over shorter periods, the stock market becomes highly unpredictable.

Although the ageless Dow Jones Industrial Average (DJINDICES: ^DJI), broad-based S 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 500, and Nasdaq Composite will head next.

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Source Fool.com