I am biased but believe exactly that. Money inflation (expansion of supply) will increase for multiple reasons: liquidity cycle is entering expansion phase but also long term it is convenient for voters to ask politicians to give them pensions etc despite an erroding tax base. That's inevitable on a global scale as the human population expansion is coming to a screeching halt, so there are less young people vs old people than ever before in human history... It all suggests monetary expansion will continue.
Where is that global liquidity currently coming from, since it has already started going up? If you look on trading view, it looks like it's still just making a bunch of lower highs
Lower high means it’s going back up. The markets move when there is rate of change. Everything’s a lower high until it makes a higher high. China and other countries have began debt refinancing, QE and money printing. The FED are still tightening/pausing rates. However, they have used stealth QE the last year when they used the reverse repo to bail out banks & a few days ago the treasury has began purchasing its own bonds using tax payers money
