Using liquidity data from the Federal Reserve was all the rage a couple of years ago on Slope, but I don’t mention it as often as I used to. I’d like to make an exception today, because I was quite taken by the chart created with this easy-to remember symbol:
(((FR:WALCL-((FR:WTREGEN1000)+(FR:RRPONTSYD1000)))/1000)/1.1)-1625+(FR:H41RESPPALDKNWW/250)
The juicy stuff – – and, yeah, it’s pretty juicy – – is below just for paying subscribers, so here goes:
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