Velocity Pivot Good for Stocks

During the greatest bull market in history from 1987- 2000 when the S&P 500 gained 582%, the Velocity of Money increased steadily (arrow 1 below).  Increasing velocity has coincided with most expansionary periods. Not the case in this bull market.  Since 2010, the velocity of money has fallen unceasingly (arrow 2 below) and is resting[…]