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Grynn
Aug 30, 2022 10:55 AM

Fed Net Liquidity Short

WALCL/1000-(RRPONTSYD+WTREGEN)FRED

Description

Net Liquidity: It's calculated as:
⬆️ Size of the Fed's Balance Sheet (WALCL)
⬇️ Minus how much of that has been sucked out into the Treasury (WTREGEN)
⬇️ Minus how much has been sucked out into Reverse Repo (RRPONTSYD)

Apparently predicts direction of SP500 with high accuracy
Comments
GHGK
I've been looking for this script, very nice to see it here, would you please share it, thank you
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