Thursday, April 29, 2021

Velocity Of Money – Charts Updated Through April 29, 2021

Here are two charts from the St. Louis Fed depicting the velocity of money in terms of the M1 and M2 money supply measures.

All charts reflect quarterly data through the 1st quarter of 2021, and were last updated as of April 29, 2021.

Velocity of M1 Money Stock, current value = 1.198:

M1V 1.198

Data Source: FRED, Federal Reserve Economic Data, Federal Reserve Bank of St. Louis; accessed April 29, 2021: 
http://research.stlouisfed.org/fred2/series/M1V

Velocity of M2 Money Stock, current value = 1.123:

M2V 1.123

Data Source: FRED, Federal Reserve Economic Data, Federal Reserve Bank of St. Louis; accessed April 29, 2021: 
http://research.stlouisfed.org/fred2/series/M2V

_________

I post various indicators and indices because I believe they should be carefully monitored.  However, as those familiar with this site are aware, I do not necessarily agree with what they depict or imply.

_____

The Special Note summarizes my overall thoughts about our economic situation

SPX at 4197.78 as this post is written

No comments:

Post a Comment