From 1919-1929, SPX rallied 415% in 10 years - Nominal M2 was $50B From 1990-2000, SPX rallied 415% in 10 years - Nominal M2 was $5T From 2019 to 2026, SPX has rallied 231% - Nominal M2 is $22T - expected M2 by 2029 is $26 to $29T

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