M2

M2 is the broad money supply: cash, checking, savings, and other liquid deposits. When liquidity expands, markets often feel it.

Money supply affects spending, credit, and asset prices. More available money can mean more bids chasing the same stuff.

Bank lending, central bank actions, and deposit growth can all push M2 higher—especially when policy aims to support activity.

Rising M2 can ease financial conditions and lift risk appetite. Liquidity often shows up as trend strength across markets.

Inflation, population, productivity, and credit systems tend to grow over time—so broad money can feel like a long-term staircase.