Reflation continues to drive the equity rally | March 2021

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S&W The Pulse

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In this episode we look at how the growth in money supply in the US could impact the global economy looking forward. US broad M2 money supply increased by 27.5% in January 2021 from a year ago, the fastest growth rate in 150 years. What does this mean for equity valuations? FOLLOW US:Twitter - @SmithWilliamsonLinkedIn - @Smith&WilliamsonCREDITS:Hosts: Daniel Casali, Cherry ReynardGET IN TOUCH:Have any feedback? We're listening, email us at: podcast@smithandwilliamson.comCheck out our podcast episode library here: https://smithandwilliamson.com/thepulse/Want to find out more about Smith & Williamson, visit: smithandwilliamson.com This episode was recorded on 02/03/2021Capital at risk. Please remember the value of investments and the income from them can fall as well as rise and investors may not receive back the original amount invested. Past performance is not a guide to future performance.This S&W The Pulse podcast is of a general nature and is not a substitute for professional advice. No responsibility can be accepted for the consequences of any action taken or refrained from as a result of what is said. The views expressed are not necessarily those of the presenter or of Smith & Williamson or any of its affiliates. No reproduction of this podcast may be made in whole or in part for professional or recreational purposes. No action should be taken based on this podcast and we accept no liability if we change your views on any of the subjects mentioned.Smith & Williamson Investment Management LLPAuthorised and regulated by the Financial Conduct Authority. Registered No 580531