October inflation came in lower than expected and the stock market is rallying big on this news. Further rate hikes by the Fed in 2023 are now almost completely eliminated from investors' minds. However, M2 money supply signals that inflation could come down further and maybe more quickly than most realize, which could lead to the upcoming rate cutting cycle being closer than most think.

I am not a financial advisor, and it is only my opinions and interpretations I offer. You need to fully understand and investigate any investment decisions you make.

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