Core Insights - Wall Street is experiencing a strong year with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite up by 13%, 15%, and 19% respectively as of December 18 [2] - The upcoming year may see significant volatility influenced by the artificial intelligence revolution, quantum computing, and the Federal Reserve's rate-easing cycle [3] Money Supply Analysis - U.S. M2 money supply has shown unprecedented changes over the past three years, with a notable decline in 2023 reminiscent of the Great Depression [9] - M2 includes various forms of money such as savings accounts and money market accounts, indicating a broader measure of money available in the economy compared to M1 [6][7] - Historical trends suggest that a volatile stock market may be anticipated in the new year based on the patterns of M2 money supply [5][9]

Core Insights - The U.S. money supply has reached a record high of $22.21 trillion, marking a 4.5% increase compared to the previous year, which is the largest monthly percentage increase since July 2022 [2]. Group 1: Money Supply Trends - The money supply, measured by M2, includes the most liquid forms of money such as cash, coins, savings deposits, and balances in retail money-market funds [1]. - The current increase in money supply indicates the fastest growth rate since the summer of 2022 [1].