Some quick back of the envelope math…

From Aug 2nd - Aug 9th:

US net liquidity roughly INCREASED by $48B.

Fed balance sheet: +$1.5B

ORR: +$26.4B

TGA: -$72.9B

đŸ‘€

Reply to this note

Please Login to reply.

Discussion

Wonder if this is the reason bitcoin is going sideways while the stock market is headed down

Bitcoin....The great absorber of liquidity!