The Nasdaq’s market cap is now around 137% of the U.S. M2 money supply, a historic high. The broader stock market is even crazier at 289% of M2.
Institutional investors are all in on tech, retail is buying 3 billion dollars a day, and real estate is frozen. This is more than a bubble, it’s a pressure cooker ready to blow. Well – let me man-splain it "Recession …
