US macro liquidity has grown slowly over the past year. Meanwhile, stock price inflation has surged, setting up a large divergence versus liquidity. It suggests that the market has become overextended due to excessive bullish sentiment. This is the mirror image of the oversold reading in February 2016.
The difference today is that the Fed has announced that it will soon begin withdrawing liquidity from the system. The timing could not be worse.
Macroliquidity Pro subscribers , click here to download complete report in pdf format.
These reports are published around the the turn of the month. Click here for the most recent monthly updates.
Subscribe to these reports and read them for 3 months risk free, with a full money back guarantee..
Enter your email address in the form to receive email notification when Macroliquidity reports are posted. Select the reports for which you want to be notified from the list in the form.
[wysija_form id=”5″]
Join the conversation and have a little fun at Capitalstool.com. If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.