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Global broad money supply hit a record $142T in September, rising 6.7% year over year across 169 economies that make up 99% of global GDP.



Year to date, supply is up 9.1%, driven mainly by China and the US. Since 2000, global liquidity has expanded massively, shaping every major market cycle.

The latest surge may support growth hopes but also stoke inflation risks, putting central banks back in the spotlight and influencing equities, commodities, and global rate expectations.

#Macro #GlobalMarkets #Economy
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