Key Points It's been a stellar 2025 for Wall Street, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite rallying by 13%, 15%, and 19%, respectively. U.S. M2 money supply reached an all-time high in October 2025, which followed a milestone decline in 2023 that was last observed during the Great Depression. History points to a volatile new year for the stock market. 10 stocks we like better than S&P 500 Index › With less than 10 calendar days to go before we ring in the new year, ...

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].