M2 Hits New All-Time High (Patreon)

M2 Hits New All-Time High: Since COVID, Liquidity Floats All Boats

The relentless climb of M2 continues, now printing fresh all-time highs. Since the COVID shock, surging liquidity has acted as the great leveller—fueling risk assets, inflating valuations, and lifting nearly every asset class.

Reminder: when money expands, markets inflate. The tide hasn't just come in—it’s still rising.