Lets not blame the war that's actively causing all of this? What kind of investor are you 🙊🙉🙈 https://t.co/JL06MvuZX5 pic.twitter.com/jrpkSURDYP
— Jacob Osiason (@Jacob_Osiason) May 22, 2026
US money supply (M2) has been growing faster this year than at any point in the last four years. Year-over-year growth hit around 4.6% in March 2026, with some alternative measures (like True Money Supply) reaching over 5.5% earlier in the year. That marks the strongest pace since mid-2022.M2 itself hit a new all-time high above $22.6 trillion in March. The pickup comes as the Fed eased quantitative tightening and liquidity has expanded again after a flat period in 2023-2024.
FRED official M2 data https://fred.stlouisfed.org/series/M2SL
Mortgage rates are soaring again.
You can thank the Iran War for this as it creates more inflation and bond yields rise as a result.
I don’t think the bond market has much tolerance for another Iran bombing if Trump decides to escalate things again.
H/t @JohnFMauldin pic.twitter.com/GBcelEwTOU
— QE Infinity (@StealthQE4) May 23, 2026
“We will have a crash, I just can't tell you when, and I can't tell you how deep. But I can assure you, unfortunately, I wish I wasn't saying this, we will have a crash,” says Andrew Ross Sorkin, financial journalist and author of “1929.” pic.twitter.com/VdMdsufXRT
— 60 Minutes (@60Minutes) May 24, 2026