Ferocious Headwinds From Money Supply Collapse

The bulls are in mourning this morning, this was not good data for the Goldilocks soft landing, says David Hay. He discusses personal income & outlays for January 2023. He looks at U.S. M2 growth. He talks about economic performance versus stock market performance. He then goes over the health of the U.S. economy. He also notes that it looks like the economy continues to lose momentum, and we've got some pretty ferocious headwinds from the money supply collapsing 10 months in a row of following leading economic indicators. Tune in to find out more about the stock market today.